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Captain Corp. has a selling price of $20, variable costs of $12 per unit, and fixed costs of $25,000. Captain Corp. expects profit of $300,000

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Captain Corp. has a selling price of $20, variable costs of $12 per unit, and fixed costs of $25,000. Captain Corp. expects profit of $300,000 at its anticipated level of production. a. What is the unit contribution margin for Captain Corp.? b. If Captain Corp. sells 5,000 units more than expected, how much higher will its profits be (in $)? Blank # 1 Blank # 2

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