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Suppose St. John Corp's breakeven point is revenues of $1,100,000. Fixed costs are $600,000. Requirements 1. Compute the contribution margin percentage. 2. Compute the selling
Suppose St. John Corp's breakeven point is revenues of $1,100,000. Fixed costs are $600,000. Requirements 1. Compute the contribution margin percentage. 2. Compute the selling price if variable costs are $16 per unit. 3. Suppose 60,000 units are sold. Compute the margin of safety in units and dollars
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