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4. Estimate the change in the companys operating income if it increased its total sales by $675,000. In March, James Electronics had sales of $2,650,000
4. Estimate the change in the companys operating income if it increased its total sales by $675,000.
In March, James Electronics had sales of $2,650,000 (26,500 units), total variable expenses of $1,325,000, and total fixed expenses of $875,000. Required: 1. What is the company's CM ratio? CM ratio % 2. Using the CM ratio, calculate the break-even level of sales in dollars. Break-even level of sales in dollor 3. What is the break-even level of sales in units? Break-even level of sales in units unitsStep by Step Solution
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