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Last month, Laredo Company sold 450 units for $25 each. During the month, fixed costs were $2,520 and variable costs were $9 per unit Required:

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Last month, Laredo Company sold 450 units for $25 each. During the month, fixed costs were $2,520 and variable costs were $9 per unit Required: 1. Determine the unit contribution margin and contribution margin ratio. Unit Contribution Margin Contribution Margin Ratio 2. Calculate the break-even point in units and sales dollars. (Round your answers to the nearest whole number.) Break-Even Unts Units Break-Even Sales Doliars 3. Compute Laredo's margin of safety in units and as a percentage of sales, (Round your intermediate calculations to the nearest whole number. Round your final percentage of sales answers to 4 decimal places. (i.e. 0.123456 should be entered as 12.3456.)) Margin of Safety Percentage of Sales Units

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