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2. CVP analysis. 20 points. Place answers in the blanks provided. Keep in mind that Sales-VC=CM-FC-Net Income. Allison Company provides the following information of a
2. CVP analysis. 20 points. Place answers in the blanks provided. Keep in mind that Sales-VC=CM-FC-Net Income. Allison Company provides the following information of a product they manufacture and sell: Total fixed cost per year Variable cost per unit Sales price per unit $364,000 $100 $128 a) What is the contribution margin per unit? b) What is the contribution margin ratio? c) What dollar volume of sales per year is required for Allison Company to break even? d) What number of units must be sold to produce income of $$196,000 before taxes? e) If monthly fixed costs increased by $10,000, the new breakeven point in sales dollars would be how much
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