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Please show all work or no credit will be given: Bob sells sea shells by the seashore. His shells cost him $1.00 each from the

Please show all work or no credit will be given:

Bob sells sea shells by the seashore. His shells cost him $1.00 each from the local sea shell supplier. His rent of the stand on the pier is his only fixed cost of $500 a month. He sells his sea shells for $3.00 each.

What is Bob's contribution margin (gross profit) per sea shell?

What is his break even point in units?

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