Raven Inc. sells a single product for $51. Variable costs include $28.23 for each unit plus...
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Raven Inc. sells a single product for $51. Variable costs include $28.23 for each unit plus a $9 selling expense per unit. Fixed costs are $251,370 per month. a. What is the contribution margin percentage? Contribution Margin % b. What is the break-even sales revenue? Break-Even Sales Revenue c. What sales revenue is needed to achieve a $263,385 per month profit? Total Sales Revenue Needed Raven Inc. sells a single product for $51. Variable costs include $28.23 for each unit plus a $9 selling expense per unit. Fixed costs are $251,370 per month. a. What is the contribution margin percentage? Contribution Margin % b. What is the break-even sales revenue? Break-Even Sales Revenue c. What sales revenue is needed to achieve a $263,385 per month profit? Total Sales Revenue Needed
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Raver sell Product to st Vanable lost 2823 a selliy expens Total vanable last2... View the full answer
Related Book For
Finite Mathematics and Its Applications
ISBN: 978-0134768632
12th edition
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
Posted Date:
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