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The condensed budgeted income statement for the Betty and Mark partnership for 2022 is as follows: A cost behaviour analysis indicates that 75% of the
The condensed budgeted income statement for the Betty and Mark partnership for 2022 is as follows: A cost behaviour analysis indicates that 75% of the cost of goods sold is variable, 42% of the selling expenses are variable, and 40% of the administrative expenses are variable. (Use the CVP income statement format in calculating operating income.) (a) Calculate the break-even point in total sales dollars and in units for 2022. (Round contribution margin per unit to 2 decimal places, eg. 1.25 , contribution margin ratio to 1 decimal place, e.g. 15.2% and final answers to 0 decimal places, e.g. 5,275. ) Attempts: 0 of 1 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above. (d) The parts of this question must be completed in order. This part will be available when you complete the part above
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