Blankinship inc. sells single products. the company most recent income statement is given below.

sales $200,000
less variable expenses (120,000)

contribution margin 80,000
less fixed expenses (50,000)

Net income $30,000

find the:
1.contribution margin ratio

2. breakeven point in total sales dollars
3. to achieve $40,000 in net income, sales must total
4 if sales increase by $50,000 net income will increase by

morgaine300

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