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Second: Vectoria Inc. sells two sets of sportswear. The sales mix of the two sets is: Sleek, 55%; and Smooth, 45%. The contribution margin ratio

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Second: Vectoria Inc. sells two sets of sportswear. The sales mix of the two sets is: Sleek, 55%; and Smooth, 45%. The contribution margin ratio of each line is: Sleek, 60%; and Smooth, 40%. Vectoria's fixed costs are $2,000,000. Required: 1. Calculate the company's weighted average contribution margin ratio. 2. Calculate the company's break-even point in dollars. 3. What is the dollar amount of Smooth sales at the break-even point

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