Using CVP analysis LO A company has sales of $ 1 ,000,000, variable costs of $600,000, and
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Using CVP analysis LO A company has sales of $ 1 ,000,000, variable costs of $600,000, and fixed costs 4»5 of $250,000. Compute the following:
1
.
Contribution margin ratio.
2. Break-even sales volume.
3. Margin of safety ratio.
4. Net income as a percentage of sales.
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