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JKL Company manufactures and sells a product with a selling price of $80 per unit. Fixed costs amount to $50,000, and variable costs are $30

JKL Company manufactures and sells a product with a selling price of $80 per unit. Fixed costs amount to $50,000, and variable costs are $30 per unit.

Required:

  • Calculate the break-even point in units and sales dollars.
  • Determine the margin of safety in units and percentage.

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