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Lagimodiere Industry s unit variable costs are 4 5 % of the unit selling price. Annual fixed costs are $ 1 . 5 million. a

Lagimodiere Industrys unit variable costs are 45% of the unit selling price. Annual fixed costs are $1.5 million.
a. What total revenue results in an income of $250,000?
b. Calculate the break-even dollars for Lagimodiere Industry.
c. If revenues exceed the break-even dollars by 20%, determine the net income.

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