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Please answer each part of question. Break-Even in Sales Revenue, Changes in Variables Carmichael Corporation is in the process of preparing next year's budget. The
Please answer each part of question.
Break-Even in Sales Revenue, Changes in Variables Carmichael Corporation is in the process of preparing next year's budget. The pro forma income statement for the current year is as follows: 1. What is the break-even sales revenue for Carmichael Corporation for the current year? In your calculations, carry the contribution margin ratio to two decimal places. computation, round the contribution margin ratio to four decimal places. Round your final answer to the nearest dollar. (CMA adapted)Step by Step Solution
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