(Answered) Mgr distributes a single product a widget whose selling

Accounting

MGR distributes a single product, a widget whose selling price is $8 and whose variable cost is $6 per unit. The company's monthly fixed expense is $5,500.

1. Solve for the company's break-even point in unit sales using the equation method.

2. Solve for the company's break-even point in sales dollars using the equation method and the CM ratio.

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