RECOMMENDED!!ACCOUNTING 2302-The controller of Sandoval Company prepared

  

4-26 Contribution Margin Ratio, Variable Cost Ratio, Break-Even Sales RevenueThe controller of Sandoval Company prepared the following projected income statement:Sales$90,000Total Variable cost68,000Contribution margin$22,000Total Fixed cost6,800Operating income$15,200Required:1.Calculate the contribution margin ratio. Round your answer to the nearest whole number. %2.Calculate the variable cost ratio. Round your answer to the nearest whole number. %3.Calculate the break-even sales revenue for Sandoval. If required, round your answer to nearest dollar.$

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