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Micol & Co. Ltd sells a single product, baby hamper, with a selling price of $150 and variable costs per baby hamper of $100. The company's monthly fixed expenses are $200,000.
Required:a) What is the company's break-even point in units?
b) What is the company's margin of safety in dollars, assume sales is expected to be $800,000?
c) How many baby hampers will Micol & Co. Ltd need to sell (in sales dollars) in order to realize a target profit of $500,000?
d) Construct a contribution margin income statement for the first month (in July) that reflects $2,400,000 in sales revenue for Micol & Co. Ltd.
e) Provide two suggestions to Micol & Co. Ltd on how it can increase profit in subsequent months?
archer company had budgeted sales of 30000 units in april 40000 units in may and 60000 units in june. the company has
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