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MyArt sells framed art prints for 100. The unit variable cost per phone is 50 plus a selling commission of 10%. Fixed manufacturing costs
MyArt sells framed art prints for 100. The unit variable cost per phone is 50 plus a selling commission of 10%. Fixed manufacturing costs total 1,250 per month, while fixed selling and administrative costs total 2,500. Required: a. What is the contribution margin per print? b. What is the breakeven point in prints? c. How many prints must be sold to earn pretax income of 7,500? k
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