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Raven Incorporated sells a single product for $ 5 4 . Variable costs include $ 3 0 . 9 6 for each unit plus a
Raven Incorporated sells a single product for $ Variable costs include $ for each unit plus a $ selling expense per unit. Fixed costs are $ per month.
Required:
a What is the contribution margin ratio?
b What is the breakeven sales revenue?
c What sales revenue is needed to achieve a $ per month profit?
Complete this question by entering your answers in the tabs below.
What is the contribution margin ratio?
Note: For all the requirements, do not round intermediate calculations.
Contribution Margin
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