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Contribution Margin Calculation for Product Mix: Product Contribution Margin Ratio Product M 25% Product N 55% Given a sales mix of 4:1 for Products M
Contribution Margin Calculation for Product Mix:
Product | Contribution Margin Ratio |
Product M | 25% |
Product N | 55% |
Given a sales mix of 4:1 for Products M and N and total sales revenue of $60,000, calculate the total variable cost.
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