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Question 17 Not yet answered Marked out of 100 Mazoon Company has information on its revenue and costs is as follows: Selling price per unit
Question 17 Not yet answered Marked out of 100 Mazoon Company has information on its revenue and costs is as follows: Selling price per unit $120; Variable costs per unit includes: Direct material $16, Direct manufacturing labor $8. Manufacturing overhead $8, and Selling costs $10; Annual fixed costs $60,000. What is the contribution margin percentage? 65% b. None of the given answers C. 73.3% d. 35% e. 80% Clear my choice Question 18 Not yet answered Marked out of 100 Mazoon Company has fixed costs of $15,000 and a breakeven point of 600 units. If the company plans to produce 750 units, and sales increase by 10%, its operating income will increase by: 20% b. 60% C. 50% d. 30% None of the given answers
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