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Assume a company would like to realize a $10 Million profit from selling one of its products. The fixed costs are $30Million and the
Assume a company would like to realize a $10 Million profit from selling one of its products. The fixed costs are $30Million and the variable cost is $300 per unit. Price per unit is $500 a) Calculate the contribution margin explaining its meaning to a marketer b) Calculate the break even sales c) profit? How many units must it sell at this price of to cover the fixed cost and produce this
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