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Please provide full solutions and explanations thank you! 3. The total sales for 2015 was P 3.260,000. The total variable costs was P 1.304.000 while

Please provide full solutions and explanations thank you!image text in transcribed

3. The total sales for 2015 was P 3.260,000. The total variable costs was P 1.304.000 while the total fixed costs was P 1.200,000. Required: Compute a. Contribution margin b. Contribution margin ratio c. Break-even point in pesos a. b

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