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EXERCISE 2 Requiem Corp had sales totaling $7,500,000 last year. Variable costs totaled $3,000,000, and fixed costs were $1,500,000 Required: 1. What was the contribution

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EXERCISE 2 Requiem Corp had sales totaling $7,500,000 last year. Variable costs totaled $3,000,000, and fixed costs were $1,500,000 Required: 1. What was the contribution margin ratio? 2. What was the break-even point? 3. What was the margin of safety? 4. Requiem is considering starting a new advertising campaign. The campaign will increase feed costo by $250,000 How much must the sales increase to the new advertising campaign

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