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20 pts Question 24 The following information describes a product expected to be produced and sold by Hadley Company: Selling price Variable costs Total fixed

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20 pts Question 24 The following information describes a product expected to be produced and sold by Hadley Company: Selling price Variable costs Total fixed costs $80 per unit S32 per unit $630,000 Required: a. Calculate the contribution margin ratio. b. Calculate the break-even point in dollar sales. c. What dollar amount of sales would be necessary to achieve a pretax income of $120,000

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