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Furniture, Inc., sells lamps for $30. The variable cost per unit is $22. Fixed cost total $9600. A) What is the contribution margin per lamp?
Furniture, Inc., sells lamps for $30. The variable cost per unit is $22. Fixed cost total $9600. A) What is the contribution margin per lamp? B) What is the Breakeven point in lamps? How many lamps must be sold to earn a pretax income of $8,000? D) What is the margin of safety, assuming 1,500 lamps are sold?
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