Cullumber Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United...
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Cullumber Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat styles from a single distributor at $22 each. All other costs incurred by the company are fixed. Cullumber Cash, Ltd. sells the hats for $55 each. (a) If fixed costs total $330,000 per year, what is the breakeven point in units? In sales dollars? The breakeven point The breakeven sales $ hats (b). What is Cullumber Cash's contribution margin ratio? Its variable cost ratio? Contribution margin ratio Variable cost ratio eTextbook and Media de % %
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