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Operations of Traveler Company for the year produced an M/S ratio of 20% and a C/M ratio of 60% Fixed cost amounted to $30000 Required Compute the following Break-even sales

Operations of Traveler Company for the year produced an M/S ratio of 20% and a C/M ratio of 60%. Fixed cost amounted to $30,000. Required: Compute the following: (1) Break-even sales (2) The amount of profit (3) The contribution margin

Apr 21 2020 View more View Less

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