Posted: April 18th, 2022

In the month of september, nixon company sold 800 units of product.

In the month of September, Nixon Company sold 800 units of product. The average sales price was $30. During the month, fixed costs were $7,200 and variable costs were 60% of sales.

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Required:

 

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(a) Determine the contribution margin in dollars, per unit, and as a ratio

 

(b) Using the contribution margin technique, compute the break-even point in dollars and in

 

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