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This is the second time having to post this question PLEASE GIVE CORRECT ANSWERS SPECIFICALLY LABELLED FOR EACH THING REQUESTS. In 2024, Ivanhoe Company had
This is the second time having to post this question PLEASE GIVE CORRECT ANSWERS SPECIFICALLY LABELLED FOR EACH THING REQUESTS.
In 2024, Ivanhoe Company had a break-even point of $310,000 based on a unit selling price of $8.00 and fixed costs of $93,000. In 2025 , the unit selling price and the unit variable costs did not change, but the break-even point increased to $429,000. Compute the unit variable costs and the contribution margin ratio for 2024. (Round unit variable cost to 2 decimal places, e.g. 2.25 and contribution margin ratio to 0 decimal places, e.g. 20\%.) Unit variable cost $ Contribution margin ratio % eTextbook and Media Assistance Used Compute the increase in fixed costs for 2025. Increase in fixed cost $Step by Step Solution
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