Question: Please Include all formulas and work 1.) Blossom Cash, Ltd. Operates a chain of exclusive ski hat boutiques in the western United States. The stores

Please Include all formulas and work

1.) Blossom Cash, Ltd. Operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat styles from a single distributor at $18 each. All other costs incurred by the company are fixed. Blossom Cash, Ltd. Sells the hats for $40 each.

If fixed costs total $154,000 per year, what is the breakeven point in units? In sales dollars?

What is Blossom Cashs contribution margin ratio? Its variable cost ratio?

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