Question: Refer to QS 22-6. Determine the (1) Contribution margin ratio and (2) Break-even point in dollars. QS 22-6 MCU Phone Company sells its cordless phone
Refer to QS 22-6. Determine the
(1) Contribution margin ratio and
(2) Break-even point in dollars.
QS 22-6
MCU Phone Company sells its cordless phone for $300 per unit. Fixed costs total $540,000, and variable costs are $120 per unit. Determine the (1) Contribution margin per unit and (2) break-even point in units.
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