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Nora Inc. sells a single product for $21. Variable costs include $8.61 for each unit plus a 6% sales commission. Fixed costs are $151,580 per
Nora Inc. sells a single product for $21. Variable costs include $8.61 for each unit plus a 6% sales commission. Fixed costs are $151,580 per month a. What is the contribution margin percentage? Contribution Margin % b. What is the break-even sales revenue? Break-Even Sales Revenue c. What sales revenue is needed to achieve a $116,600 per month profit? Total Sales Revenue Needed
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Management Accounting
Authors: Will Seal, Carsten Rohde, Ray Garrison, Eric Noreen
6th Edition
0077185536, 978-0077185534
