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Question 1: (25 Marks) Cost-Volume-Profit & Cost Behavior Analysis Jonah Hill Company manufactures two products. Information about the two products is as follows: Product X

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Question 1: (25 Marks) Cost-Volume-Profit & Cost Behavior Analysis Jonah Hill Company manufactures two products. Information about the two products is as follows: Product X Product Y Selling price per unit $80 $30 Variable costs per unit 45 15 Contribution margin per unit $35 $15 The company expects fixed costs to be $189,000. The firm expects 60% of its sales in units) to be Product X and 40% to be Product Y a sales mix of 3:2). C. Determine the level of sales (in dollars) necessary to generate operating income of $135,000 I d. Identify and explain 3 separate ways in which the company can use the above information to improve overall profitability

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