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Assignment 3: Assume that total sales were $4,000,000. Total variable costs were $800,000. Total fixed costs were $200,000. Based on this data, compute: a) Contribution
Assignment 3:
Assume that total sales were $4,000,000. Total variable costs were $800,000. Total fixed costs were $200,000.
Based on this data, compute:
a) Contribution Margin Ratio
b) Break-Even Sales Volume in Dollars
c) Margin of Safety Ratio
d) Net Income Percentage
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