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Hi :) I have a question: 1. Green Grass Industries has total fixed costs of $150,000 and the companys contribution margin is $75. Last year,
Hi :)
I have a question:
1. Green Grass Industries has total fixed costs of $150,000 and the companys contribution margin is $75. Last year, Green Grass earned $50,000 pre- tax, and this year it would like to improve on that figure by 20% If the unit price is $125, how many units must Green Grass sell to meet this objective? How much net profit will Green Grass earn if it sells 2,200 units?
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