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can anyone answer this question ASAP, please? 3. Metro Company's most recent contribu tion format income statement is presented below: Sales $1,400,000 900,000 500,000 300,000
can anyone answer this question ASAP, please?
3. Metro Company's most recent contribu tion format income statement is presented below: Sales $1,400,000 900,000 500,000 300,000 $200,000 Less variable expenses Contribution margin Less fixed expenses Net operating income he com pany has no beginning or ending inventories and produced and sold 10,000 units during the month. Required: a. What is the company's contribution margin ratio? b. Compute the company's break-even point in units. c. C d. Compute the total variable expenses at the break-even point. e. How many units would have to be sold to earn a target profit of $225,000? f. The sales manager is convinced that a $30,000 increase in the advertising budget would ompute the company's break-even point in sales dollars. increase total sales by $56,000. Would you advise the increased advertising outlayStep by Step Solution
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