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Break-Even Point and Target Profit Measured in Units (Single Product). Nellie Company has monthly fixed costs totaling $100,000 and variable costs of $20 per unit.

Break-Even Point and Target Profit Measured in Units (Single Product). Nellie Company has monthly fixed costs totaling $100,000 and variable costs of $20 per unit. Each unit of product is sold for $25.

Required:

Calculate the contribution margin per unit.

Find the break-even point in units.

How many units must be sold to earn a monthly profit of $40,000?

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