Question: Raven Inc. sells a single product for $49. Variable costs include $26.77 for each unit plus a $9 selling expense per unit. Fixed costs are
Raven Inc. sells a single product for $49. Variable costs include $26.77 for each unit plus a $9 selling expense per unit. Fixed costs are $217,620 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 $311,175 per month profit? Total Sales Revenue Needed
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