Question: Could you please help me understand how to get these answers, thank you Cost-Volume Profit Analysis Recline Company is planning to produce and sell 11,250
Could you please help me understand how to get these answers, thank you

Cost-Volume Profit Analysis Recline Company is planning to produce and sell 11,250 units of its only product at a unit price of $106. At this sales level Recline Company will generate $405,000 in total contribution margin and incur fixed costs of $25/unit. a. Calculate Recline's contribution margin ratio. Round answer to the nearest whole percentage (ex: 0.3456 = 35%) * % b. Calculate the break-even point in sales dollars for Recline. Use your rounded answer from part a. above and then round final answer to the nearest dollar. $ 0
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
