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Raven Inc. sells a single product for $48. Variable costs include $26.08 for each unit plus a $8 selling expense per unit. Fixed costs are
Raven Inc. sells a single product for $48. Variable costs include $26.08 for each unit plus a $8 selling expense per unit. Fixed costs are $250,270 per month. a. What is the contribution margin percentage?
b. What is the break-even sales revenue?
c. What sales revenue is needed to achieve a $321,320 per month profit?
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