Question: - Before you define how to perform the tasks on a live project, explain some the key items you must manage. What kind of some
- Before you define how to perform the tasks on a live project, explain some the key items you must manage. What kind of some necessary key items to report? Explain. B - Menlo Company distributes a single product. The companys sales and expenses for last month follow: Total Per Unit Sales . . . . . . . . . . . . . . . . . . . . . . . . $450,000 $30 Variable expenses . . . . . . . . . . . . (180,000) (12) Contribution margin . . . . . . . . . . . . 270,000 $18 Fixed expenses. . . . . . . . . . . . . . . . (216,000) Net operating income . . . . . . . . . $ 54,000 Required: 1. What is the monthly break-even point in units sold and in sales dollars? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3. How many units would have to be sold each month to earn a target profit of $90,000? Use the formula method. Verify your answer by preparing a contribution format income statement at the target sales level.
subject: project management
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