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i want proper clear answer Tracey Douglas is the owner and managing director of Heritage Garden Furniture Ltd. a South African company that makes museumquality
i want proper clear answer
Tracey Douglas is the owner and managing director of Heritage Garden Furniture Ltd. a South African company that makes museumquality reproductions of antique outdoor furniture. Tracey would like advice concerning the advisability of ellminating the model C3 lawn chair. These lawn chairs have been among the company's best-selling products, but they seem unprofitable. A condensed statement of operating income for the company and for the model C3 lawn chair for the quarter ended June 30 follows: The currency in South Africa is the rand. denoted here by R. The following additional data have been supplied by the company: 2. What would sales of the model C lavn chair have to be, at minimum, in order to justify retaining the product? (Hint. Set this up as a break-even problem, but include only the relevant costs from part (5).) (Round "Contribution margin ratio" to 2 decimal places and final answer to the nearest whole number.) Step by Step Solution
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