Question: Raven Inc. sells a single product for $50. Variable costs include $32.00 for each unit plus a $7 selling expense per unit. Fixed costs are
Raven Inc. sells a single product for $50. Variable costs include $32.00 for each unit plus a $7 selling expense per unit. Fixed costs are $186,780 per month. a. What is the contribution margin percentage?
b. What is the break-even sales revenue?
c. What sales revenue is needed to achieve a $234,190 per month profit?
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