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Data for Hermann Corporation are shown below: Per Unit Percent of Sales Selling price $ 85 100% Variable expenses 51 60% Contribution margin $ 34
Data for Hermann Corporation are shown below: |
Per Unit | Percent of Sales | |||
Selling price | $ | 85 | 100% | |
Variable expenses | 51 | 60% | ||
Contribution margin | $ | 34 | 40% | |
Fixed expenses are $77,000 per month and the company is selling 2,600 units per month.
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