Question: E6-10 Analyzing Break-Even Point, Preparing CVP Graph [LO 6-1] Danas Ribbon World makes award rosettes. Following is information about the company: Variable cost per rosette
E6-10 Analyzing Break-Even Point, Preparing CVP Graph [LO 6-1]
Danas Ribbon World makes award rosettes. Following is information about the company:
| Variable cost per rosette | $ | 1.15 | |||||||||||||||||||||
| Sales price per rosette | 2.30 | ||||||||||||||||||||||
| Total fixed costs per month | 895.00 | ||||||||||||||||||||||
Required: 1. Determine how many rosettes Danas must sell to break even. (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number.)
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2. Calculate the break-even point in sales dollars. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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