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Goff Corporation sells products for $75 each that have variable costs of $50 per unit. Goff's fixed cost is $350,000. Show your work. Required: a)
Goff Corporation sells products for $75 each that have variable costs of $50 per unit. Goff's fixed cost is $350,000. Show your work.
Required:
a) Calculate the contribution margin per unit
b) Use the per unit contribution margin approach to find the break-even point in units and dollars.
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