Mercer University Operations And Supply Chain Management Assignment Help - Accounting problem
Question - Peggy's Ribbon World makes award rosettes. Following is information about the company:
Variable cost per rosette-----------$1.21
Sales price per rosette--------------2.30
Total fixed costs per month--------887.00
1: Determine how many rosettes Peggy's must sell to break even. (Round your intermediate
calculations to 2 decimal places and final answer to next whole number.)
Break-even units:______rosettes
2: Calculate the break-even point in sales dollars. (Use rounded break-even units calculated above.
Round your answer to 2 decimal places. Omit the "$" sign in your response.)
Break-even sales dollars:$_______
Solution Preview - No Solution Preview Available