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llt llitone 01 389,120. What is its target monthly operating income? How many cars must be sold each month to reach the target monthly net

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llt llitone 01 389,120. What is its target monthly operating income? How many cars must be sold each month to reach the target monthly net income of S69,120? 3-29 CVP analysis, margin of safety. Suppos e Morrison Corp.'s breakeven point is revenues of $1,100,000. Fixed costs are $660,000. Required: 1. Compute the contribution margin percentage. 2. Compute the selling price if variable costs are $16 per unit. 3. Suppose 75,000 units are sold. Compute the margin of safety in units and dollars. 4. What does this tell you about the risk of Morrison making a loss? What are the most likely reasons for this risk to increase

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