Question: 4- Chimp Company produces two products and the following budget applies: Selling price Variable cost Contribution margin Fixed cost Product M RM 7 2
4- Chimp Company produces two products and the following budget applies: Selling price Variable cost Contribution margin Fixed cost Product M RM 7 2 5 RM 175,000 Product N RM 10 2 8 RM 280,000 Calculate the breakeven points for each product and comment on your findings.
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To calculate the breakeven point we need to divide the fixed costs by the contributio... View full answer
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