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Last month, Laredo Company sold 5 2 0 units for $ 6 0 each. During the month, fixed costs were $ 8 , 2 1
Last month, Laredo Company sold units for $ each. During the month, fixed costs were $ and variable costs were $ per unit.
Required:
Determine the unit contribution margin and contribution margin ratio.
Calculate the breakeven point in units and sales dollars.
Compute Laredos margin of safety in units and as a percentage of sales.
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