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how to solve it Harry Corporation forecasts that next year it can sell 27,000 units of its family-sized ready-to-eat meals for $1,107,000. The expected contribution
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Harry Corporation forecasts that next year it can sell 27,000 units of its family-sized ready-to-eat meals for $1,107,000. The expected contribution margin ratio is 55%. Fixed costs are estimated to be $397,000. Do not enter dollar signs or commas in the input boxes. a) What is the selling price per unit? Round your answer to 2 decimal places. Selling Price: b) Calculate the contribution margin if 39,000 units are produced and sold. Round your answer to the nearest whole number. Contribution Margin: c) Calculate the contribution margin per unit. Round your answer to 2 decimal places. CM per unit: d) If the company decides to sell its products in the open market, determine the amount of units required to break-even. Round up to the nearest whole unit. Break-Even Units: e) Determine the operating profit if 50,000 units are produced and sold. Round your answer to the nearest whole numberStep by Step Solution
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