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Blanchard Company manufactures a single product that sells for $120 per unit and whose total variable costs are $90 per unit. The companys annual fixed
Blanchard Company manufactures a single product that sells for $120 per unit and whose total variable costs are $90 per unit. The companys annual fixed costs are $432,000. |
(1) | Prepare a contribution margin income statement for Blanchard Company at the break-even point. |
(2) | Assume the companys fixed costs increase by $129,000. What amount of sales (in dollars) is needed to break even? |
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