Contribution margin ratio, break-even point in dollar sales
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For Hadley Company, calculate the contribution margin ratio, the breakeven point in dollar sales, and calculate the dollar amount of sales necessary to achieve a pre-tax income of $120,000.
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The solution shows all the calculations necessary to arrive at the answers for the contribution margin ratio, the break-even point in dollar sales, and the sales amount to achieve a pre-tax income of $120,000.
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a) Contribution margin ratio = contribution per unit /Selling price per unit =
Contribution per unit = Selling price per ...
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