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MPI Manufacturing Company produces several different products. MPI Manufacturing Company plans to sell 20,000 units of Product A. MPI Manufacturing Company's most recent traditional income

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MPI Manufacturing Company produces several different products. MPI Manufacturing Company plans to sell 20,000 units of Product A. MPI Manufacturing Company's most recent traditional income statement is presented below. The company has determined that 25% of the cost of goods sold and 55% of the operating expenses are fixed. The company has asked you to compute the following questions. Answer these items in the questions that follow. Prepare a Contribution income statement (dollars) and a Contribution income statement (units) to answer the following questions. The comprehensive problem that was posted under the additional resources will provide some help using a similar problem. The Contribution Margin Ratio is percent, (use 2 decimal places) The Contribution Margin Ratio is . percent (use 2 decimal places) Question 2 The Contribution Margin in dollars is $. Question 3 The Contribution Margin in units is (Use 2 decimal places also) Question 4 The Breakeven Point in Dollars is $ The Contribution Margin in units is (Use 2 decimal places also) Question 4 The Breakeven Point in Dollars is $ Question 5 The Breakeven Point in units is

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