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Happy Gilmore produces snackpacks. In 2023, its highest and lowest production levels occurred in July and January, respectively. In July, it produced 10,000 snackpacks
Happy Gilmore produces snackpacks. In 2023, its highest and lowest production levels occurred in July and January, respectively. In July, it produced 10,000 snackpacks at a total cost of $148,000. In January, it produced 2,000 snackpacks at a total cost of $100,000. Using the high/low method, determine (1) the variable cost per unit, and (2) the total fixed cost Barker Company's break-even point is 20,000 units. Its product sells for $20 and has a $18 variable cost per unit. What is the company's total fixed cost amount? A product has a contribution margin ratio of 60% and selling price of $10 per unit. Fixed costs are $8,000. Assuming the company increases the selling price to $12 and doubles fixed costs, what is the breakeven point in units?
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