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please complete the entire question, try and use the same format if possible Assume MIX Inc. has sales volume of $1,342.000 for two products with
please complete the entire question, try and use the same format if possible
Assume MIX Inc. has sales volume of $1,342.000 for two products with May sales and contribution margin ratios as follows: Product A: Sales $514,000: Contribution Margin Ratio 30% Product B: Sales $828,000. Contribution Margin Ratio 60% Required: Assume MIX's fixed expenses are $338,000. Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume (Round "Average contribution margin ratio' answer to 2 decimal places. Round up "Breakeven sales volume" answer to nearest whole dollar.) Total contribution margin Operating income Average contribution margin ratio Breakeven sales volume Step by Step Solution
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