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Ruffruff Company makes and sells premium dog food. The dog food is sold for $2.00 per bag to retailers, who charge customers $2.75 per bag.

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Ruffruff Company makes and sells premium dog food. The dog food is sold for $2.00 per bag to retailers, who charge customers $2.75 per bag. For the year 2015, management estimates the following revenues and cost: a) Prepare a CVP income statement for 2015 based on management's estimates. b) Compute the breakeven point in (1) units and (2) dollars c) Compute the contribution margin ratio and the margin of safety ratio. d) Determine the sales dollars required to earn net income of

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