Menlo Company distributes a single product. The company’s sales and expenses for last month follow: Total Per Unit Sales $ 600,000 $ 40 Variable expenses 420,000 28 Contribution margin 180,000 $ 12 Fixed expenses 145,200 Net operating income $ 34,800 Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point?
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Menlo Company distributes a single product. The company’s sales and expenses for last month follow:...
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