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Incline Company generated $4,900,000 in revenue selling 4,025 units of its only product. Each unit has a contribution margin of $280. The company has fixed costs of $125/unit at the current production volume (assume unit production volume equals unit sales volume).
a. What is the contribution margin ratio for Incline's product?
b. Calculate the break-even point in revenue for the Incline?
Answers: 3
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Incline Company generated $4,900,000 in revenue selling 4,025 units of its only product. Each unit h...
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