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Assume MIX Inc. has sales volume of $1,162,000 for two products with May sales and contribution margin ratios as follows Product A Sales $454,000 Contribution

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Assume MIX Inc. has sales volume of $1,162,000 for two products with May sales and contribution margin ratios as follows Product A Sales $454,000 Contribution Margin Ratio 30% Product B: Sales $708,000, Contribution Margin Ratio 60% Required: Assume MIX's fixed expenses are $318,000. Calculate the May total contribution margin operating income average contribution margin ratio, and breakeven sales volume. (Round "Average contribution margin ratio answer to 2 decimal places. Round up "Breakeven sales volume" answer to nearest whole dollar.) Total contribution margin Operating income Average contribution margintato Breakeven sales volume

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