W&W Tax Service offers tax and consulting services to individuals and small businesses. Data for fees and costs for three types of tax returns is presented in the table below. Fixed costs total $60,480. Type of Return Easy Moderate Business Sales Fee Mix Charged 50% $ 148 30% 298 20% 598 Variable Cost per Return $ 84 174 224 The break-even point in units using the weighted-average contribution margin is:
W&W Tax Service offers tax and consulting services to individuals and small businesses. Data for fees and costs for three types of tax returns is presented in the table below. Fixed costs total $60,480. Type of Return Easy Moderate Business Sales Fee Mix Charged 50% $ 148 30% 298 20% 598 Variable Cost per Return $ 84 174 224 The break-even point in units using the weighted-average contribution margin is:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:W&W Tax Service offers tax and consulting
services to individuals and small
businesses. Data for fees and costs for
three types of tax returns is presented in
the table below. Fixed costs total $60,480.
Type of
Return
Easy
Sales Fee
Mix
50%
Charged
$ 148
Moderate 30% 298
Business 20% 598
Variable
Cost per
Return
$ 84
174
224
The break-even point in units using the
weighted-average contribution margin is:
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