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3. At the end of the current year, Peggy's Products Inc. had the following information available: a. What was Peggy's contribution margin percentage? b. Based

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3. At the end of the current year, Peggy's Products Inc. had the following information available: a. What was Peggy's contribution margin percentage? b. Based on the information given, if sales revenue had been 5% higher by what percentage would operating income before tax have increased? c. By what percentage could sales revenue have fallen before the breakeven point was reached

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