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Donna Clark owns and operates Pharoah, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $64 and
Donna Clark owns and operates Pharoah, a bakery that creates personalized birthday cakes for a child's first birthday. The cakes, which sell for $64 and feature an edible picture of the child are shipped throughout the country. A typical month's results are as follows: (a) What is Pharoah's contribution margin per unit? Contribution margin per unit $ per cake What is Oriole Cash's contribution margin ratio? Its variable cost ratio? Contribution margin ratio % Variable cost ratio % What is Pharoah's monthly breakeven point in units? C) What is Pharoah's contribution margin ratio? Contribution margin ratio What is Pharoah's monthly breakeven point in sales dollars
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