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Calculate the break-even sales revenue for sandoval

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Reference no: EM131975441

Question - Contribution Margin Ratio, Variable Cost Ratio, Break-Even Sales Revenue

The controller of Sandoval Company prepared the following projected income statement:

Sales $90,000

Total Variable cost 68,000

Contribution margin $22,000

Total Fixed cost 6,800

Operating income $15,200

Required:

1. Calculate the contribution margin ratio. Round your answer to the nearest whole number.

2. Calculate the variable cost ratio. Round your answer to the nearest whole number.

3. Calculate the break-even sales revenue for Sandoval. If required, round your answer to nearest dollar.

Reference no: EM131975441

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