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Manitoba Lounge Co., a manufacturer of Beds, had the following data for 2018: Sales 2,750 Units Sales Price $54 Per Unit Variable Costs $37 Per Unit Fixed Costs $25,000 Required: a. Calculate the contribution margin ratio. b. Calculate the break-even point in dollars. c. Calculate the margin of safety in dollars. d. The company wishes to increase its total dollar contribution margin by 60% in …
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