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Discuss the importance, in management, of knowing & understanding Unit Contribution Margin. Additionally, with the following data (Sales Price $1,500; Variable Cost per Unit $1,137;
Discuss the importance, in management, of knowing & understanding Unit Contribution Margin. Additionally, with the following data (Sales Price $1,500; Variable Cost per Unit $1,137; Total Fixed Cost $389,000) please calculate:
Break-Even in Units
Break-Even in Sales
Units to be sold to make $350,000 profit
Level of Sales required to make $350,000 profit
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