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Perform a cost-volume-profit (CVP) analysis for LMN Corporation's multiple products using the following data: Product Selling Price per Unit ($) Variable Cost per Unit ($)
- Perform a cost-volume-profit (CVP) analysis for LMN Corporation's multiple products using the following data:
| Product | Selling Price per Unit ($) | Variable Cost per Unit ($) | Fixed Costs ($) |
|---|---|---|---|
| Product A | $50 | $30 | $10,000 |
| Product B | $80 | $50 | $15,000 |
| Product C | $40 | $20 | $8,000 |
Requirements:
- Calculate the breakeven point in units and sales dollars for each product.
- Conduct a sensitivity analysis by varying selling prices and fixed costs.
- Present the analysis in a detailed table format.
- Discuss the implications for product pricing and profitability.
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Management Accounting
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
6th Canadian edition
013257084X, 1846589207, 978-0132570848
