Flower Company sells a product with a contribution margin ratio of 40%. Fixed costs are $1,500...
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Flower Company sells a product with a contribution margin ratio of 40%. Fixed costs are $1,500 per month. What amount of sales (in dollars) must Flower Company have to break even? If each unit sells for $30, how many units must be sold to break even? Begin by showing the formula and then entering the amounts to calculate the sales in dollars Flower must have to break even. (Abbreviation used: CM = contribution margin. Complete all input fields. Enter a "0" for items with a zero value.) Required sales in dollars Flower Company sells a product with a contribution margin ratio of 40%. Fixed costs are $1,500 per month. What amount of sales (in dollars) must Flower Company have to break even? If each unit sells for $30, how many units must be sold to break even? Begin by showing the formula and then entering the amounts to calculate the sales in dollars Flower must have to break even. (Abbreviation used: CM = contribution margin. Complete all input fields. Enter a "0" for items with a zero value.) Required sales in dollars
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The breakeven point in sales dollars can be calculated using the formula B... View the full answer
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