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Business, 13.10.2021 23:10 matthewlucas8613

Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for $40 per unit. Variable expenses are $20.00 per unit, and fixed expenses total $180,000 per year. Its operating results for last year were as follows: Sales $ 1,040,000 Variable expenses 520,000 Contribution margin 520,000 Fixed expenses 180,000 Net operating income $ 340,000 Required: Answer each question independently based on the original data: 1. What is the product's CM ratio

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Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for $40 per unit. Vari...
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