Mauro Products distributes a single product, a woven basket whose selling price is $11 and whose...

Mauro Products distributes a single product, a woven basket whose selling price is $11 and whose variable expense is $8.91 per unit. The company’s monthly fixed expense is $5,016.

Required:

1. Solve for the company’s break-even point in unit sales using the equation method. (Do not round your intermediate calculations.)

2. Solve for the company’s break-even point in dollar sales using the equation method and the CM ratio. (Do not round intermediate calculations. Round "CM ratio percent" to nearest whole percent.)

CM RATIO: ?

Break-Even point in dollar sales:?

3. Solve for the company’s break-even point in unit sales using the formula method. (Do not round your intermediate calculations.)

4. Solve for the company’s break-even point in dollar sales using formula method and the CM ratio. (Do not round intermediate calculations. Round "CM ratio percent" to nearest whole percent.)

CM RATIO: ?

Break-Even point in dollar sales:?

Solutions

Expert Solution

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