Question: acct 390 ch 3 q 1 Exercise 3-27 (Algo) Basic Decision Analysis Using CVP (LO 3-1) Belleterre Tiles makes tiles for flooring and other applications.

acct 390 ch 3 q 1 acct 390 ch 3 q 1 Exercise 3-27 (Algo) Basic Decision Analysis

Exercise 3-27 (Algo) Basic Decision Analysis Using CVP (LO 3-1) Belleterre Tiles makes tiles for flooring and other applications. The CFO of the company provides you with the following information for the period October through December, the company's third quarter: Required: a. What is the average selling price per tile? Note: Round your final answer to 2 decimal places. b. What is the average variable cost per tile? Note: Round your final answer to 2 decimal places. c. What is the average contribution margin per tile? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. d. What is the current operating profit for a quarter? Note: Do not round intermediate calculations. e. What is the break-oven point? Note: Do not round intermediate calculations. f. The CFO tells you that the company owners have said that unless the quarterly operating profit exceeds $17,748, they will fiquidate the company. How many tiles would have to be sold in a quarter for Belleterre Tile to eam $17,748 in quarterly operating profli? Note: Do not round intermediate calculations

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