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Problem

Juniper had revenues of $469,000 in March. Fixed costs in March were $244, 200 and profit was $37, 200.

a. What was the contribution margin percentage?
b. What monthly sales volume (in dollars) would be needed to break-even?
c. What was the margin of safety for March?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92719823

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