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Exercise 3-29 (Algo) Basic CVP Analysis (LO 3-1) The manager of Gratiot Flooring estimates operating costs for the year will include $591,000 in fixed costs.
Exercise 3-29 (Algo) Basic CVP Analysis (LO 3-1) The manager of Gratiot Flooring estimates operating costs for the year will include $591,000 in fixed costs. Required: a. Find the break-even point in sales dollars with a contribution margin ratio of 30 percent. b. Find the break-even point in sales dollars with a contribution margin ratio of 25 percent. c. Find the sales dollars required to generate a profit of $92,000 for the year assuming a contribution margin ratio of 20 percent. Complete this question by entering your answers in the tabs below. Find the break-even point in sales dollars with a contribution margin ratio of 30 percent. Find the break-even point in sales dollars with a contribution margin ratio of 25 percent. ind the sales dollars required to generate a profit of $92,000 for the year assuming a contribution margin ratio of 20 percen
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