Business, 06.04.2020 19:31 heavenwagner
Assume MIX Inc. has sales volume of $1,342,000 for two products with May sales and contribution margin ratios as follows:
Product A: Sales $514,000; Contribution Margin Ratio 30%
Product B: Sales $828,000; Contribution Margin Ratio 60%
Required:
Assume MIX's fixed expenses are $338,000. Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume.
Answers: 3
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Assume MIX Inc. has sales volume of $1,342,000 for two products with May sales and contribution marg...
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