Q. tob 2 on capstone Problems (15 Points Each) 24. The followi ng is Arkadia...
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Q. tob 2 on capstone Problems (15 Points Each) 24. The followi ng is Arkadia Corporation's contribution format income statement for last month Sales Variable expenses Contribution margin Fixed expenses Net operating income $1,200,000 800,000 400,000 300,000 $100,000 The company has no beginning or ending inventories and produced & sold 20,000 units in the month. What is the company's contribution margin ratio? What is the company's break-even in units? What is the company's break-even in sales dollars? If sales increase by 100 units, by how much should net operating income increase? How many units wouid the company have to sell to attain a target profit of $125,000
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