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Sales
$400,000
$500,000
$875,000
Variable Costs
$250,000
$300,000
$625,000
Total fixed costs were $507,000.
Using these figures:
Determine the sales mix, CM by product and in total, the CM ratio by product and in total, and the net income (ignore taxes).
Calculate the break-even point in dollars in total and by product.
**Use three decimal places for the percentages. For example, .275 would be 27.5%
Which of the following is correct about the effective interest method of amortization?
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