Question: Topic 4 Assignment i 4 8.33 points eBook Hint References Assume MIX Incorporated has sales volume of $1,072,000 for two products with May sales and

Topic 4 Assignment i 4 8.33 points eBook Hint References Assume MIX Incorporated has sales volume of $1,072,000 for two products with May sales and contribution margin ratios as follows: Product A: Sales $424,000; Contribution Margin Ratio 30% Product B: Sales $648,000; Contribution Margin Ratio 60% Required: Assume MIX's fixed expenses are $308,000. Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume. Note: 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 $ $ Saved 516,000 208,000 %

Assume MIX Incorporated has sales volume of $1,072,000 for two products with May sales and contribution margin ratios as follows: Product A: Sales \$424,000; Contribution Margin Ratio 30% Product B: Soles $648,000; Contribution Margin Ratio 60% Required: Assume MIX's fixed expenses are $308,000, Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume, Note: Round "Average contribution margin ratio" answer to 2 decimal places. Round up "Breakeven sales volume" answer to nearest whole dollar

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