Answer to Question #113774 in Other for hassan raza

Question

Last month the Henke Company had sales ot $220,000, a C/M ratio of 40%, and an M/S ratio 30%. During the current month, a decrease in sales price and a decrease in fixed costs have ulted in a C/M ratio of 36%.and an M/S ratio of 24%. quired: (1) The amount sales decreased (2) New break-even point. (3) Profit during the current month. (4) Decrease in fixed costs hatthn Comnany's products

Answer 1

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