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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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