Peggys ribbon world makes award rosettes following is, Ask an Expert

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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:$_______

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9970121

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