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Mozena Corporation has collected the following information after its first year of sales. Sales were $1,815,000 on 121,000 units; selling expenses $271,000 (39% variable and
Mozena Corporation has collected the following information after its first year of sales. Sales were $1,815,000 on 121,000 units; selling expenses $271,000 (39% variable and 61% fixed); direct materials $532,000; direct labor $311,000; administrative expenses $291,000 (19% variable and 81% fixed); manufacturing overhead $371,000 (69% variable and 31% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase by 10% next year. Compute (1) the contribution margin for the current year and the projected year, and (2) the fixed costs for the current year. (Assume that fixed costs will remain the same in the projected year.) The parts of this question must be completed in order. This part will be available when you complete the bove. Compute contribution margin ratio. (Round unit variable cost calculations to 2 decimal places, e.g. 11.52 and the final answer to 2 decimal places, e.g. 25.52%.) The parts of this question must be completed in order. This part will be available when you complete the bove. The parts of this question must be completed in order. This part will be available when you complete the bove. The parts of this question must be completed in order. This part will be available when you complete the bove
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