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3. Calculate target profit using the three approaches if sales price is $300 per unit, variable costs are $150 per unit, fixed costs are $1,000,

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3. Calculate target profit using the three approaches if sales price is $300 per unit, variable costs are $150 per unit, fixed costs are $1,000, and target profit in dollars is $29,000 a. Income Statement Approach b. Unit Contribution Margin Approach c. Contribution Margin Ratio

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