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Cost-Volume-Profit Analysis The Rocky Gap Company has the following information Unit Sales Price $ 400 Unit Variable Costs $ 240 Total Fixed Costs $ 800,000

Cost-Volume-Profit Analysis

The Rocky Gap Company has the following information

Unit Sales Price

$ 400

Unit Variable Costs

$ 240

Total Fixed Costs

$ 800,000

Please compute:

A) its contribution margin ratio

B) its breakeven point in units

C) its breakeven point in dollars

D) It has set a target profit goal of $160,000. Please compute its target profit sales volume in:

i) units

ii) dollars

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