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1.. Wildhorse Company makes electronics. Its sales for 2022 are $1,485,000. Fixed costs are $457,300 and variable costs are $891,000. It sold 2,700 units in
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Wildhorse Company makes electronics. Its sales for 2022 are $1,485,000. Fixed costs are $457,300 and variable costs are $891,000. It sold 2,700 units in the year. Calculate the contribution margin per unit and the contribution margin ratio. (Round contribution margin per unit to 2 decimal places, es. 15.20 and contribution margin ratio to 4 decimal places, e.g. 1.4254\%.) Question Part Score Assuming a consistent contribution margin and contribution margin ratio, if its desired operating income is $123,500, what would the company need to sell in units and in dollars to achieve this goal? (Round answers to 0 decimal places, e.g. 125.)Step by Step Solution
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