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Company reported a contribution margin ratio of 60% and total fixed costs of $420, eee during year 1. In year 2, Company expects fixed costs
Company reported a contribution margin ratio of 60% and total fixed costs of $420, eee during year 1. In year 2, Company expects fixed costs will increase to $490,000 while the variable costs will stay the same as in year 1 at $20 per unit. Calculate the selling price per unit of Company's product needed in year 2 in order to maintain the same break-even point in units as in year 1
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