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Carol Garcia owns and operates Sheridan, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes. which sell for $50 and

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Carol Garcia owns and operates Sheridan, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes. which sell for $50 and feature an edible picture of the child, are shipped throughout the country. A typical month's results are as follows: Sales revenue $839,000 Variable expenses 587,300 Contribution margin 251,700 Fixed expenses 114.450 Operating income $137.250 4 (a) What is Sheridan's contribution margin per unit? Contribution margin per unit $ per cake e Textbook and Media Save for Later Attempts:0 of 3 used Submit Answer (b) What is Sheridan's monthly breakeven point in units? Breakeven point cakes e Textbook and Media - 74 ITT (c) What is Sheridan's contribution margin ratio? Contribution margin ratio % eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (d) What is Sheridan's monthly breakeven point in sales dollars? Breakeven sales $

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