Assume MIX Inc. has sales volume of $1,108,000 for two products with May sales and contribution...
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Assume MIX Inc. has sales volume of $1,108,000 for two products with May sales and contribution margin ratios as follows Product A Sales $436,000; Contribution Margin Ratio 30% Product B: Sales $672.000. Contribution Margin Ratio 60% Required: Assume MIX's fixed expenses are $312.000. Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume (Round "Average contribution margin ratio" answer to 2 decimal places. Round up "Breakeven sales volume" answer to nearest whole dollar.) Total contribution margin Operating income Average contribution margin ratio Breakeven sales volume Assume MIX Inc. has sales volume of $1,108,000 for two products with May sales and contribution margin ratios as follows Product A Sales $436,000; Contribution Margin Ratio 30% Product B: Sales $672.000. Contribution Margin Ratio 60% Required: Assume MIX's fixed expenses are $312.000. Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume (Round "Average contribution margin ratio" answer to 2 decimal places. Round up "Breakeven sales volume" answer to nearest whole dollar.) Total contribution margin Operating income Average contribution margin ratio Breakeven sales volume
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Computation of Total Contribution Margin Mix Inc Product A Produc... View the full answer
Related Book For
Accounting What the Numbers Mean
ISBN: 978-1260565492
12th edition
Authors: David Marshall, Wayne McManus, Daniel Viele
Posted Date:
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