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Penny Company sells 25,000 units at $59 per unit. Variable costs are $29 per unit, and loss from operations is ($50,000). Determine the following. Round
Penny Company sells 25,000 units at $59 per unit. Variable costs are $29 per unit, and loss from operations is ($50,000). Determine the following. Round the contribution margin ratio to one decimal place.
b. Contribution margin ratio $ %c. Fixed costs per unit at production of 25,000 units $ Per unit |
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