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# Problem 11-28 Determining the break-even point and preparing a contribution margin income statement LO 11-5 Ritchie...

## Question

###### Problem 11-28 Determining the break-even point and preparing a contribution margin income statement LO 11-5 Ritchie...

Problem 11-28 Determining the break-even point and preparing a contribution margin income statement LO 11-5 Ritchie Manufacturing Company makes a product that it sells for \$140 per unit. The company incurs variable manufacturing costs of \$73 per unit. Variable selling expenses are \$11 per unit, annual fixed manufacturing costs are \$468,000, and fixed selling and administrative costs are \$271,200 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method b. Use the c c. Prepare a c ution margin per unit approach. margin income statement for the break-even sales volume Complete this question by entering your answers in the tabs below. Req A to B Req C Determine the break-even point in units and dollars using the equation method, the contribution margin per unit approach and the contribution margin ratio approach. Prey 4 of 4E Next
Complete this question by entering your answers in the tabs below. Req A to BReq C Determine the break-even point in units and dollars using the equation method, the contribution margin per unit approach and the contribution margin ratio approach. n point in units 13.200 Break <Prey 4of4ll Next )
Ch 11 H Saved Help S 4 Complete this question by entering your answers in the tabs below 5 Req A to B Req C Prepare a contribution margin income statement for the break-even sales volume. ontri Margin Income Sta Print costs < Req A to B くPrey 40f 411 Next.

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