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Please do entire problem No Slip co. produces sports socks. The company has fixed costs Of S85,680 and variable costs Of $0.68 per package. Each
Please do entire problem
No Slip co. produces sports socks. The company has fixed costs Of S85,680 and variable costs Of $0.68 per package. Each package sells for SI .70. Requirements I. Compute the contribution margin per package and the contribution margin ratio. (Round your answers to two decimal places.) 2. Find the breakeven point in units and in dollars, using the contribution margin approach, Requirement l. Computo the contribution margin por package and tho contribution margin ratio. aogin by solocting tho labels and ontoring tho amounts to compute tho contribution margin per package. (Round amounts to two decimal places. Abbreviation used: CM contribution margin) CM per unit
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