Business, 06.04.2020 19:31, heavenwagner

Assume MIX Inc. has sales volume of $1,342,000 for two products with May sales and contribution margin ratios as follows:

Product A: Sales $514,000; Contribution Margin Ratio 30%
Product B: Sales $828,000; Contribution Margin Ratio 60%

Required:
Assume MIX's fixed expenses are $338,000. Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume.

Answers: 3

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Assume MIX Inc. has sales volume of $1,342,000 for two products with May sales and contribution marg...