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Jimson company manufactured nylon purses. Variable costs are $37 per purse, the price is $55, and fixed costs are $41,400. 1. What is the contribution

Jimson company manufactured nylon purses. Variable costs are $37 per purse, the price is $55, and fixed costs are $41,400.

1. What is the contribution margin for one purse?

2. How many purses must Jimson company sell to break even?

3. If Jimson Company sells 6,000 purses., what is the operating income?

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