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Hillier Hillier
wrote...
Posts: 550
Rep: 5 0
6 years ago
Darby is running a flower stand, and is selling a single bouquet for $31.50. Her contribution margin is $24.57 per bouquet and the breakeven sales in dollars for Darby's flower stand are $700 per day. How much can she pay per day in fixed costs to run the stand?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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wrote...
6 years ago
CM = 24.57
Contribution rate = 
Contribution rate = 
Contribution rate = 0.78 = 78%
Breakeven sales =   
700 = 
700 × 0.78 = FC
546 = FC
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