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Assume MIX Incorporated has sales volume of $ 1 , 3 4 2 , 0 0 0 for two products with May sales and contribution
Assume MIX Incorporated has sales volume of $ for two products with May sales and contribution margin ratios as follows:
Product A: Sales $; Contribution Margin Ratio
Product B: Sales $; Contribution Margin Ratio
Required:
Assume MIX's fixed expenses are $ Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume.
Note: Round "Average contribution margin ratio" answer to decimal places. Round up "Breakeven sales volume" answer to nearest whole dollar.
Answer is complete but not entirely correct.
tableTotal contribution margin,$Operating income,$Average contribution margin ratio,,
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