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Lilac Industries sells two products, Basic and Supreme. The sales mix of the product lines in terms of sales dollars is Basic 40% and Supreme
Lilac Industries sells two products, Basic and Supreme. The sales mix of the product lines in terms of sales dollars is Basic 40% and Supreme 60%. The contribution margin ratio of the Basic line is 40% and the contribution margin ratio of the Supreme line is 60%. Lilac's monthly fixed costs are $1,248,000.
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Managerial Accounting The Cornerstone Of Business Decision Making
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
8th Edition
0357715349, 978-0357715345
