Question: Relates to Module 16. I have support material in the Module 16 Resource area in the applicable week. Citrus company buys a variety of citrus
Relates to Module 16. I have support material in the Module 16 Resource area in the applicable week. Citrus company buys a variety of citrus fruit from growers and then processes the fruit into a product line of fresh fruit, juices, and fruit flavorings. Current cost structure: Current annual sales revenue $2,000,000 Current Variable costs 44% of Sales Current Fixed costs totaled $600,000 Required: Answer the following questions below the question and use cell references to make your computations. 1. What is the current contribution margin ratio? 2. What is the current break-even point in sales dollars
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