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Blake s Bees sells local organic honey. It has a contribution margin ratio of 4 5 % . To increase production, the company is purchasing
Blakes Bees sells local organic honey. It has a contribution margin ratio of To increase production, the company is purchasing several new hives which will increase fixed costs from $ to $ per month. Last months operating income was $ What amount of monthly sales revenue would be needed to keep operating income at the same level with the new hives? Round to the nearest whole dollar.
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