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Lewis ltd produces and sells a single product. Each product sells for 50. Fixed costs are 550,000 per year and the breakeven point of the
Lewis ltd produces and sells a single product. Each product sells for 50. Fixed costs are 550,000 per year and the breakeven point of the business is 25,000 units. The profit each year is 440,000.
1. Calculate the variable cost per unit?
2. Calculate the number of units sold each year?
3. Calculate the margin of safety in units?
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