Profit Change: Sales Mix. Kary Company sells two products-Kary Sauce and Kary Juice. The contribution margin ratio
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Profit Change: Sales Mix. Kary Company sells two products-Kary Sauce and Kary Juice. The contribution margin ratio is 40 percent for sauce and 25 percent for juice. In 20x1, sales of sauce were $100,000 and sales of juice were $50,000. Sales in 20x2 were $75,000 for each product.
a. Calculate the contribution margin ratio for the firm for 20x
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