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Question 1 Poloskie Manufacturing Inc. has provided you with the following CVP income statement. $973,000 Sales (1,390 units) Variable costs: Cost of goods sold Selling
Question 1 Poloskie Manufacturing Inc. has provided you with the following CVP income statement. $973,000 Sales (1,390 units) Variable costs: Cost of goods sold Selling expenses Administrative expenses Contribution margin Fixed costs: Cost of goods sold Selling expenses Administrative expenses Operating income 435,070 77,840 61,160 398,930 147,340 51,430 29,190 $170,970 Calculate the contribution margin ratio. (Round answer to 2 decimal places, eg, 15.25%.) Contribution margin ratio LINK TO TEXT Calculate the break-even point in sales dollars and number of units. (Round answers to 0 decimal places, e.g. 1,525.) In dollars In units Break-even point$
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