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1. Wings Corp. produces and sells two products. During the most recent month, Howe sales were $700,000 and its variable expenses were $400,000. Lindsay sales
1. Wings Corp. produces and sells two products. During the most recent month, Howe sales were $700,000 and its variable expenses were $400,000. Lindsay sales were $400,000 and its variable expenses were $150,000. The company's fixed expenses were $350,000. A. Prepare a contribution format income statement for Wings Corp B. Determine the overall break-even point for Wings Corp. Show your work C. If the sales mix shifts toward Lindsay with no change in total sales, what will happen to the break-even point for the company? Explain
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