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4. HP Company plans to sell 1,000 laser printers at $400 each in the coming year. Product costs include: Direct materials per printer $ 180

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4. HP Company plans to sell 1,000 laser printers at $400 each in the coming year. Product costs include: Direct materials per printer $ 180 Direct labor per printer 100 Variable factory overhead per printer 25 Total fixed factory overhead 15,000 Variable selling expense is a commission of $20 per printer; fixed selling and administrative expense totals $30,000. So, printers are sold for $400 each, and variable expense per printer is $325. Total fixed expense is $45,000. a. Calculate the number of printers that HP must sell to break-even b. Check your answer by preparing a contribution margin income statement based on the break-even point

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