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Happy Gilmore Corporation has provided the following contribution format income statement. All questions concern situations that are within the relevant range. Sales (3,000 units) Variable

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Happy Gilmore Corporation has provided the following contribution format income statement. All questions concern situations that are within the relevant range. Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $150,000 90,000 60,000 48.000 $12.000 Required: a. What is the contribution margin per unit? b. What is the contribution margin ratio? c. What is the break-even point in unit sales? d. What is the break-even point in dollar sales? e. Estimate how many units must be sold to achieve a target profit of $54,000. f. Estimate the break-even point in dollar sales to achieve a target profit of $97,000. SHOW YOUR WORK a. Contribution margin per unit b. Contribution margin ratio Break-even in units d. Break-even in dollars Break-even in units w/ target profit $54,000 f. Break-even in $ w/ target profit $97,000

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