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The controller of Pelley Company prepared the following projected income statement Sales $95000 Total variable cost 68400 Contribution margin $26600 Total fixed cost

The controller of Pelley Company prepared the following projected income statement: Sales $95,000 Total variable cost .............68,400 Contribution margin .........$26,600 Total fixed cost ................14,000 Operating income ............$12,600 Required: 1. Calculate the contribution margin ratio. 2. Calculate the variable cost ratio. 3. Calculate the break-even sales revenue for Pelley. 4. How could Pelley increase projected operating income without increasing the total sales revenue?

May 22 2020 View more View Less

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