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The manager of Kimas Food Mart estimates operating costs for the year will include $780,000 in fixed costs. (a) Find the break-even point in sales
The manager of Kimas Food Mart estimates operating costs for the year will include $780,000 in fixed costs.
(a) Find the break-even point in sales dollars with a contribution margin ratio of 41 percent.
(b) Find the break-even point in sales dollars with a contribution margin ratio of 24 percent
(c) Find the sales dollars required to generate a profit of $170,000 for the year assuming a contribution margin ratio of 41 percent
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