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Use the Following Information for Items

question 27

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Use the following information for items
Ed Green Corporation has two divisions; Outdoor Sports and Indoor Sports.The sales mix is 60% for Outdoor Sports and 40% for Indoor Sports.Green incurs $2,420,000 in fixed costs.The contribution margin ratio for the Outdoor Sports Division is 40%, while for the Indoor Sports Division it is 50%.
-What will be the total contribution margin at the break-even point?


Definitions:

Estates-General

The legislative body in pre-revolutionary France made up of representatives of the three estates: the clergy, the nobility, and the commonpeople.

Third Estate

The common people of France who were not part of the clergy or nobility, representing the vast majority of society and leading the charge in the French Revolution.

Church Properties

Refers to land or buildings owned by religious institutions, which historically could include a wide range of assets from places of worship to educational and healthcare facilities.

Talleyrand’s Proposal

A diplomatic initiative by Charles-Maurice de Talleyrand during the Congress of Vienna aimed at re-establishing the balance of power in Europe after the Napoleonic Wars.

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