Able Company manufactures and sells boxes of envelopes. The company sold 50,000 boxes of envelopes, with revenue

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Able Company manufactures and sells boxes of envelopes. The company sold 50,000 boxes of envelopes, with revenue of $200,000, variable costs of $120,000, and operating income of $30,000.

a. What is the total contribution margin and what is the contribution margin per unit?

b. What are the total fixed costs?

c. What is the breakeven point in units?

d. What is the breakeven point in sales dollars?

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Managerial Accounting

ISBN: 9780137689453

1st Edition

Authors: Jennifer Cainas, Celina J. Jozsi, Kelly Richmond Pope

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Question Posted: Sep 04, 2023 09:41 AM

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Able Company manufactures and sells boxes of envelopes. The company sold 50,000 boxes of envelopes, with revenue

Question:

Step by Step Answer:

a b Solve for fixed costs before proposed changes Co...View the full answer

Managerial Accounting

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