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Information concerning a product produced by Ender Company appears here: Sales price per unit $ 200 Variable cost per unit $ 80 Total annual fixed
Information concerning a product produced by Ender Company appears here: Sales price per unit $ 200 Variable cost per unit $ 80 Total annual fixed manufacturing and operating costs $ 600,000
Required Determine the following a. Contribution margin per unit. Contribution margin b. Number of units that Ender must sell to break even Break-even in units c. Sales level in units that Ender must reach to earn a profit of $240,000 Sales in units d. Determine the margin of safety in units, sales dollars, and as a percentage. (Round "Percentage answer to 1 decimal place. (i.e., .234 should be entered as 23.4).) Units SalesPercentage Margin of safetyStep by Step Solution
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