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Calculate the contribution margin ratio what dollar amount

Question - The following information describes a product expected to be produced and sold by Hadley Company:

Selling Price - $80 per unit

Variable costs - $32 per unit

Total fixed costs - $630,000

Required:

(a) Calculate the contribution margin ratio.

(b) Calculate the break-even point in dollar sales.

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Accounting Basics: Calculate the contribution margin ratio what dollar amount

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Accounting Basics: Calculate the contribution margin ratio what dollar amount

Reference No:- TGS02559148

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