Compute story parks contribution margin ratio, Accounting Basics

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Compute story parks contribution margin ratio

Question:

Computing breakeven point in sales dollars

Requirements

1. Compute Story Park's contribution margin ratio. Carry your computation to two decimal places.

2. Use the contribution margin ratio CVP formula to determine the sales revenue Story Park needs to break even.

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Accounting Basics: Compute story parks contribution margin ratio

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Accounting Basics: Compute story parks contribution margin ratio

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