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Exercise 5-7 Compute the Break-Even Point [L06] Maxson Products distributes a single product. a woven...

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Exercise 5-7 Compute the Break-Even Point [L06] Maxson Products distributes a single product. a woven basket whose selling price is $13 and whose variable cost is $11.05 per unit. The company?s monthly fixed expense is $3.315. Required: 1. Compute for the company's break-even point in unit sales using the equation method. Break-even point in unit sales ___________baskets 2. Compute for the company's break-even point in sales dollars using the equation method and the CM ratio. (Do not round intermediate calculations. Round your CM ratio to 2 decimal places. Omit the ''$'' sign in your response.) CM ratio Break-even point in dollar sales $ 3. Compute for the company's break-even point in unit sales using the formula method. Break-even point in unit sales baskets 4. Compute for the company's break-even point in sales dollars using formula method and the CM ratio. (Do not round intermediate calculations. Round your CM ratio to 2 decimal places. Omit the ''$'' in your response.) CM ratio Break-even point in dollar sales $

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