Q1) Mauro Products has single product, woven basket whose selling price is= $15 and whose variable cost is= $12 per unit. Company's monthly fixed expenses are= $4,200.
Questions:
1. Solve for company's break-even point in unit sales by using equation method.
2. Solve for company's break-even point in sales dollars by using equation method and the CM ratio.
3. Solve for company's break-even point in unit sales by using contribution margin method.
4. Solve for company's break-even point in sales dollars by using contribution margin method and CM ratio.