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2. Executives of Fader Records produced the latest album/EP by Clairo, titled Immunity. The following cost information pertains to the new album/EP: $1.25/album Album package
2. Executives of Fader Records produced the latest album/EP by Clairo, titled "Immunity". The following cost information pertains to the new album/EP: $1.25/album Album package and record (direct material and labor) Songwriters' royalties Recording artists' royalties Advertising and promotion Fader Record's overhead Selling price to album distributor $0.35/album $1.00/album $275,000 $250,000 $9.00 Calculate the following: a) Contribution per album unit b) Break-even volume in album units and dollars c) Net profit if 1 million album units are sold d) Necessary albmu unit volume to achieve a $200,000 profit
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