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Use contribution margin ratio to find fixed costs?
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I understand the contribution margin ratio = (Selling price - Variable Costs) / Selling Price. Is it possible to use the contribution margin ratio and a profit figure to find a Fixed Costs value? I don't think I have a full understanding of what the CMR really is...
High-low method, contribution margin per case, fixed costs, break-even
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Hi everyone, Royal Essentials, Inc. begin operations on January 1, 2008. The company produces a hand and body lotion in an eight-ounce bottle called Eternal Beauty. The lotion is sold wholesale in 12-bottle cases for $80 per case. There is a selling commission of $16 per case. The January...
Logan corporation had total variable cost for $180,000, total fixed cost for $160,000
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logan Corp. had total variable cost of $180,000, total fixed cost of $160,000 and a total revenues of $300,000. Compute the required sales in dollars to break even. View more questions Search
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