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NOVA Knights just completed the 2 0 2 3 fiscal period ( January 1 - December 3 1 ) and through management analysis and review
NOVA Knights just completed the fiscal period January December and through management analysis and review of the income statement the following information was determined:
Sales Revenue of $ based on sales of units.
Cost of Goods Sold totaled $
of COGS Cost of Goods Sold are variable.
Selling Expenses totaled $
of selling expenses are variable
Administrative Expenses totaled $
of administrative expenses are variable
Rounding and Calculation Instructions
Round all costs per unit to decimals
FINAL breakeven answers to the unit and dollar no decimals
DO NOT Round the contribution margin ratio.
Maintain the same percentages of variable vs fixed costs
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