Problem 1:

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^{Problem 3}

Presto Corp. had total variable costs of $188,370, total fixed costs of $166,000, and total revenues of $299,000. Compute the required sales in dollars to break even. (Round answer to 0 decimal places, e.g. 1,225.) Required sales $ Rice Company has a unit selling price of $690, variable costs per unit of $390, and fixed costs of $286,300. Compute the break-even point in units using (a) the mathematical equation and (b) unit contribution margin. (Round answers to O decimal places, e.g. 1,225.) (a) Mathematical Equation (b) Unit contribution margin Break-even point units units Determine the missing amounts. (Round answers to 0 decimal places, e.g. 1,225.) Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio $620 $470 $ % (b) $360 $ $170 % (d) 3. $ (e) $ $500 20 %