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need help with a3 please Vice President for Sales and Marketingat Waterways Corporation is planning for production noeds to meet sales demand in the use
need help with a3 please
Vice President for Sales and Marketingat Waterways Corporation is planning for production noeds to meet sales demand in the use cost-volume profitconcepts help Waterways understand contribution margins of some of its products and decide whether to inas produce any of them. Wateways markets a smplewater control and timer that it mass produces. Last year, the company sold 699,000 units at an awerage (mit selling price of $3.80, The variable costs were $1.859.340, ind the fixed costs were $557.802. (a1) What is the product's contribution marsin ratio? (Round rotio to odecimal ploces, es. 25\%) What is the margin of safety, both in dollars and as a ratio? (Round ratio to O decimal ploces, eg. 25\%) Margin ot safety in dollars Marzin of safety ratio Step by Step Solution
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