Lezoli Enterprises sells handmade clocks. Its variable cost per clock is ($6), and each clock sells for
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Lezoli Enterprises sells handmade clocks. Its variable cost per clock is \($6\), and each clock sells for \($15\). Calculate Lezoli’s contribution margin per unit and contribution margin ratio. If the company’s fixed costs total \($6,660\), determine how many clocks Lezoli must sell to break even.
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Related Book For
Managerial Accounting
ISBN: 9780078110771
1st Edition
Authors: Stacey WhitecottonRobert LibbyRobert Libby, Patricia LibbyRobert Libby, Fred Phillips
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