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1. Sales Revenue of $1,578,500 based on sales of 225,500 units. 2. Cost of Goods Sold totaled $1,014,750. 3. 70% of COGS (Cost of Goods

image text in transcribed 1. Sales Revenue of $1,578,500 based on sales of 225,500 units. 2. Cost of Goods Sold totaled $1,014,750. 3. 70\% of COGS (Cost of Goods Sold) are variable. 4. Selling Expenses totaled $410,000. 5. 45% of selling expenses are variable 6. Administrative Expenses totaled $189,300 7. 40% of administrative expenses are variable Rounding and Calculation Instructions - Round all costs per unit to 2 decimals - FINAL break-even answers to the unit and dollar (no decimals). - DO NOT Round the contribution margin ratio. - Maintain the same percentages of variable vs. fixed costs Prepare part 2 using the CVP income statement format and show all computations (embedded formulas within excel or google sheets are required for ALL calculations). Part 2. sales dollars. (DO NOT Round the contribution margin ratio.). in unit and sales dollars. (DO NOT Round the contribution margin ratio.)

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