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Question 2 Marked out of 5.00 PRag question Not complete Cost-Volume Profit Analysis Incline Company generated $1,400,000 in
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Answer #1

Selling price per unit = 1,400,000/800 = 1,750

A) Contribution margin ratio = Contribution margin/Selling price

= 280/1,750

= 16%

B) Break even sales = Fixed cost/Contribution margin ratio

= (125*800)/16%

= 625,000

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