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Juill earh their target profit UuP calculations A Compute breakeven and project income (Learning Objectives...

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Juill earh their target profit UuP calculations A Compute breakeven and project income (Learning Objectives 1 & 2) Grover's Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $630,000 and a contribution margin of 70% of revenues. Requirements . Compute Grover's Steel Parts' monthly breakeven sales in dollars 2. Use the contribution margin ratio to project operating income (or loss) if revenues are $520,000 and if they are $1,010,000. 3. Do the results in Requirement 2 make sense given the breakeven sales you computed in Requirement 1? Explain

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