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Roger's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $640,000 and a contribution margin of 90% of revenues.
Roger's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $640,000 and a contribution margin of 90% of revenues. Read the requirements. Requirement 1. Compute Roger's Steel Parts' monthly breakeven sales in dollars. Begin by identifying the formula. ( Fixed expenses + Operating income ) Contribution margin ratio = Breakeven sales in dollars Compute Roger's Steel Parts' monthly breakeven sales in dollars. (Round your answer up to the nearest whole number.) The breakeven sales in dollars is
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