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Calculate the june total contribution margin

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Reference no: EM133098455

Question - Assume MIX Inc. has sales volume of $1,000,000 for two products with June sales and contribution margin ratios as follows:

Product A: Sales $500,000; Contribution Margin Ratio 30%

Product B: Sales $500,000; Contribution Margin Ratio 60%

Required - Assume MIX's fixed expenses are $300,000. Calculate the June total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume.

Reference no: EM133098455

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