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Please complete question (b). I would like to double-check my answer. In 20X1, the Jaster Company had a break-even point of $720,000 based on a
Please complete question (b). I would like to double-check my answer.
In 20X1, the Jaster Company had a break-even point of $720,000 based on a selling price of $12 per unit and fixed costs of $180,000. In 20X2, the selling price and variable costs per unit did not change, but the break-even point increased to $840,000. Required (a) Compute the variable cost per unit and the contribution margin ratio for 20X1. (b) Using the contribution margin ratio, compute the increase in fixed costs for 20X2Step by Step Solution
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