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S-M:5-7 Calculating breakeven point in units, contribution margin ratio given Ocean Company sells a product with a contribution margin ratio of 80%. Fixed costs are
S-M:5-7 Calculating breakeven point in units, contribution margin ratio given Ocean Company sells a product with a contribution margin ratio of 80%. Fixed costs are $2,800 per month. What amount of sales (in dollars) must Ocean Company have to break even? If each unit sells for $30, how many units must be sold to break even
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