Massimo Corporation makes circuit boards and chips. Its monthly fixed costs average $2,310,000. The company has...
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Massimo Corporation makes circuit boards and chips. Its monthly fixed costs average $2,310,000. The company has provided the following information about its two product lines: Contribution Percentage of Margin Ratio total sales Circuit Board 45% 20% Chips 30% 80% a. Determine the company's monthly break-even point in sales dollars. b. How much revenue must the company generate in the upcoming month for a monthly operating income of $1,380,000? Massimo Corporation makes circuit boards and chips. Its monthly fixed costs average $2,310,000. The company has provided the following information about its two product lines: Contribution Percentage of Margin Ratio total sales Circuit Board 45% 20% Chips 30% 80% a. Determine the company's monthly break-even point in sales dollars. b. How much revenue must the company generate in the upcoming month for a monthly operating income of $1,380,000?
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a calculation of companys break even point in sales dollar b calculation of sales revenue re... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
Posted Date:
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