Question: Using the graph below, complete the requirements. Required: 1. Determine the following: a. The break-even point in sales dollars and volume b. The sales price
Using the graph below, complete the requirements.
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Required:
1. Determine the following:
a. The break-even point in sales dollars and volume
b. The sales price per unit
c. Total fixed costs
d. Total variable costs at the break-even point
e. The variable cost per unit
f. The unit contribution margin
2. What volume of sales must the company generate to reach a target income of$7,500?
$35 30 25 20 15 10 5. 5 6 7 3 10 11 Volume (in hundreds of units) Cost (in thousands)
Step by Step Solution
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1 a The breakeven point is at the intersection of the total sales revenue and total cost lines Break... View full answer
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