Calculate the Following: Contribution Margin Ratio: ...
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Accounting
| Calculate the Following: |
|
| Contribution Margin Ratio: |
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%
Break Even point in Sales Dollars (rounded to the whole dollar)
$
Margin of Safety in Units (nearest whole units)
Shelhorse Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales $ 170 100 % Selling price Variable expenses 68 40 % Contribution margin $ 102 60 % Fixed expenses are $346,000 per month. The company is currently selling 4100 units per month
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