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please answer correcty Analysis of Cost, Volume, and Pricing to increase Profitability Problem 3-20B Determining the break-even point and preparing a break-even graph LO 3-1,

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Analysis of Cost, Volume, and Pricing to increase Profitability Problem 3-20B Determining the break-even point and preparing a break-even graph LO 3-1, 3-3 Executive officers of Norman Company are assessing the profitability of a potential new product. They expect that the variable cost of making the product will be $60 per unit and fixed manufacturing cost will be $720,000. The executive officers plan to sell the product for S80 per unit. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the contribution margin per unit approach. b. Use the equation method c. Use the contribution margin ratio approach

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