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Chapter 19 Cost Volume Profit 1. Use the following information to answer items below: Selling Price: $30; VC per unit: $12; FC: $270,000: Target Net
Chapter 19 Cost Volume Profit
1. Use the following information to answer items below:
Selling Price: $30; VC per unit: $12; FC: $270,000: Target Net Income:$126,000
Contribution Margin per unit:
Contribution Margin ratio:
BE in units:
BE in $$:
Units needed to reach TNI:
$$ needed to reach TNI:
Margin of Safety:
Margin of Safety ratio:
**Prove BE in units/$$ and TNI in units/$$ (Use a CVP income statement for
each)
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