Dominics Deli recently calculated its annual break-even sales revenue to be $210,000. For each dollar of sales

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Dominic’s Deli recently calculated its annual break-even sales revenue to be $210,000. For each dollar of sales revenue, $0.30 goes to cover variable costs. Compute the following.

a. The contribution margin ratio.
b. Total fixed costs.
c. The sales revenue that would have to be generated to earn an operating income of $105,000.

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Financial And Managerial Accounting The Basis For Business Decisions

ISBN: 9781260247930

19th Edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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Question Posted: Jun 15, 2022 01:59 AM

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Dominics Deli recently calculated its annual break-even sales revenue to be $210,000. For each dollar of sales

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a If variable costs are 30 of sales revenue the contributi...View the full answer

Financial And Managerial Accounting The Basis For Business Decisions

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