Xi Company is the exclusive Iowa distributor of lawn mowers for a small manufacturing company.It sells only one model at $600 per unit and for which Xi pays $250.Xi's other variable costs amount to $50 per unit.Fixed costs are $2,000.In October,Xi sold 15 lawn mowers and it sold 20 in November.
Calculate the following values:
a.Monthly break-even point in sales dollars
b.Monthly break-even point in units
c.Monthly income for October
d.Monthly income for November
e.Margin of safety for October
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