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Chapter 5 Question ( 2 0 points ) Given: In March 2 0 2 4 , Minnesota Country Store sold 2 5 , 0 0
Chapter Question points
Given:
In March Minnesota Country Store sold jars of strawberry jam.
Total sales in March were $ total variable expenses were $ and total fixed expenses were $
Required:
What is the company's contribution margin ratio? Either percentage or decimal form is fine. Answer below or in another file or in a screenshot of a paper sheet.
What is the breakeven point in units? Answer below or in another file or in a screenshot of a paper sheet.
What is the expected change in the company's net operating income if it increases sales by units and total sales by $ Answer below or in another file or in a screenshot of a paper sheet.
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