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Conduct a cost-volume-profit analysis for LMN Corporation using the following data: Product Selling Price ($) Variable Cost per Unit ($) Fixed Costs ($) Product A
- Conduct a cost-volume-profit analysis for LMN Corporation using the following data:
| Product | Selling Price ($) | Variable Cost per Unit ($) | Fixed Costs ($) |
|---|---|---|---|
| Product A | $100 | $50 | $30,000 |
| Product B | $150 | $70 | $40,000 |
| Product C | $80 | $40 | $20,000 |
Requirements:
- Calculate the contribution margin ratio for each product.
- Determine the breakeven point in units and sales dollars for each product.
- Present the analysis in a detailed table format.
- Discuss the implications of the analysis on pricing and product mix decisions.
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
2nd Edition
0078110823, 9780078110825
