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Question - Manitoba Lounge Co., a manufacturer of Beds, had the following data for 2020:
Sales 2,800
Units Sales Price $54 Per Unit
Variable Costs $35 Per Unit
Fixed Costs $22,500
Required -
a. Calculate the contribution margin ratio.
b. Calculate the break-even point in dollars.
c. Calculate the margin of safety in dollars.
d. The company wishes to increase its total dollar contribution margin by 60% in 2020. Determine by how much it will need to increase its sales if all other factors remain constant.
If each partner had a capital balance of 550,000 prior to Ding's notification of withdrawal, what amount should Ding be allowed to withdraw from the partnership
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mike purchased a heavy-duty truck five year class recovery property for his delivery service on april 30 2008. the
you have to provide the full statement with inconsistence year to analyze its financial position
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