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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

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Assume MIX Incorporated has sales volume of $1,342,000 for two products with May sales and contribution margin ratios as follows:
Product A: Sales $514,000; Contribution Margin Ratio 30%
Product B: Sales $828,000; Contribution Margin Ratio 60%
Required:
Assume MIX's fixed expenses are $338,000. Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume.
Note: Round "Average contribution margin ratio" answer to 2 decimal places. Round up "Breakeven sales volume" answer to nearest whole dollar.
Answer is complete but not entirely correct.
\table[[Total contribution margin,$,651,000,],[Operating income,$,313,000,],[Average contribution margin ratio,,48.40,%
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