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Please show steps and include all work, thank you! Will give a very good rating Problem 1 - Consider each of the following situations independently.
Please show steps and include all work, thank you! Will give a very good rating
Problem 1 - Consider each of the following situations independently. Fill in the blanks with the appropriate information. 1. Units Sold Total Sales Variable Cost Variable Cost Contribution Total Fixed Net Income/ Percentage Margin per Costs (Loss) Unit 20,000 $360,000 $9.90 $40,000 per Unit Work: Total Sales Number of Units Sold Selling Price per Unit Variable Cost Per Unit Total Fixed Costs Total Contribution rgin Net Income/ (Loss) 78,000 $62.00 $1,876,543 $1,266,857 Work: 3. Total Variable Cost Number of Units Sold Contribution Margin Percentage Total Fixed Costs Selling Price per Unit Net Income/ (Loss) Contribution Margin per Unit $195.00 $247,500 $1,050,000 ($172,500) WorkStep by Step Solution
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