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help pls! Grovers Steel Parts produces parts for the automobile indastry The company has monthly fired expenses of $630,000 and a contribution margin of 75%
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Grovers Steel Parts produces parts for the automobile indastry The company has monthly fired expenses of $630,000 and a contribution margin of 75% of revenues. Crover feeis ike he's in a giant sque monthly operating income, proor to these pressures, was $150.000 Read the reovicements Requirement 1. To maintan hes same ievel of profe, what sali volume (in sales revenue) must Grover now acheve? Eegin by identhing the formula is compule the sales in unts at varicus lovels af cperatiog income using tre contrbuton margin approach 1. To maintain this same level of profit, what sales volume (in sales revenue) must Grover now achieve? 2. Grover believes that his monthly sales revenue will only go as high as $1,040,000. He is thinking about moving operations overseas to cut fixed costs. If monthly sales are $1,040,000, by how much will he need to cut fixed costs to maintain his prior profit level of $150,000 per month Step by Step Solution
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