What must have been the total variable costs
If a company had a contribution margin of $500,000 and a contribution margin ratio of 40%, what must have been the total variable costs ?
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Variable costs for Foley, Inc. are 25% of sales. Its selling price is $80 per unit. If Foley sells one unit more than break-even units, how much will profit increase?
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During April, 1,000 drives were sold. Fixed costs for March were $2 per unit for a total of $1,000 for the month. How much is the contribution margin ratio?
1. Describe an example of a professional writing situation when a writer should use an indirect approach organization. Use an example to illustrate your explanation.
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