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Ritchie Manufacturing Company makes a product that it sells for $150 per unit. The company...

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Accounting

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Ritchie Manufacturing Company makes a product that it sells for $150 per unit. The company Incurs varlable manufacturing costs of $60 per unit. Variable selling expenses are $18 per unit annual fixed manufacturing costs are $480,000, and fixed selling and administrative costs are $240.000 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 contribution margin per unit approach. c. Prepare a contribution margin Income statement for the break-even sales volume. Complete this question by entering your answers in the tabs below. nces Req Ato B Reqc Determine the break-even point in units and dollars using the equation method and the contribution margin per unit approach a. Break-even point in units Break-even point in dollars b. Contribution margin per unit Break-even point in units Break-even point in dollars Complete this question by entering your answers in the tabs below. Red A to B Reg C Prepare a contribution margin income statement for the break-even sales volume. RITCHIE MANUFACTURING COMPANY Contribution Margin Income Statement

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