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) Mariah Corporation has provided the following contribution format income statement. Assume any solution is within the relevant range. Sales (3,000 units) $150,000 Variable expenses
- ) Mariah Corporation has provided the following contribution format income statement. Assume any solution is within the relevant range.
| Sales (3,000 units) | $150,000 |
| Variable expenses | 90,000 |
| Contribution margin | 60,000 |
| Fixed expenses | 48,000 |
| Net operating income | $12,000 |
Required:
How much is the contribution margin per unit? Estimate how many units must be sold to achieve a target profit of $54,000.
At the target profit of $54,000, what is the margin of safety in dollars?
If the tax rate is 25%, how many units must be sold to achieve a target profit of $75,000?
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