The manager of dukey’s shoe station estimates operating costs for the year will include $360,000 in fixed costs.
required:
a. find the break-even point in sales dollars with a contribution margin ratio of 40 percent.
b. find the break-even point in sales dollars with a contribution margin ratio of 25 percent.
c. find the sales dollars required to generate a profit of $100,000 for the year assuming a contribution margin ratio of 40 percent.

Jaguar has full manufacturing costs of their s-type sedan of £22,803. they sell the s-type in the uk with a 20% margin for a price of £27,363. today these cars are available in the us for $55,000 which is the uk price multiplied by the current exchange rate of $2.01/£. jaguar has committed to keeping the us price at $55,000 for the next six months. if the uk pound appreciates against the usd to an exchange rate of $2.15/£, and jaguar has not hedged against currency changes, what is the amount the company will receive in pounds at the new exchange rate?