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Last month, Laredo Compony sold 470 units for $35 each. During the month, fixed costs were $3,444 and variable costs were $14 per unit. Required:
Last month, Laredo Compony sold 470 units for $35 each. During the month, fixed costs were $3,444 and variable costs were $14 per unit. Required: 1. Determine the unit contribution margin ond contribution margin rotio 2. Coiculate the break-even point in units and sales dollars. 3. Compute Laredos margin of safety in units and as a percentage of sales. Complete this question by entering your answers in the tabs below
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