Question: 3 Multiple Product Break-Even Analysis Also, last year, the fixed cost of rent, utilities, and so forth were $65,000. Required (a.) Determine Joe's break-even dollar
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Multiple Product Break-Even Analysis Also, last year, the fixed cost of rent, utilities, and so forth were $65,000. Required (a.) Determine Joe's break-even dollar sales volume. - Enter billing rates and contribution margins using all decimals, when needed. - Round contribution margin ratio to three decimal places. - Round break-even sales volume to the nearest dollar. (b.) Determine Joe's margin of safety in sales dollars. Hint: Use weighted average billing rate. Round answer to the nearest whole number
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