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Porter Corporation has fixed costs of $800,000, variable costs of $45 per unit, and a contribution margin ratio of 25 percent. a. Compute the unit
Porter Corporation has fixed costs of $800,000, variable costs of $45 per unit, and a contribution margin ratio of 25 percent. |
a. | Compute the unit sales price and unit contribution margin for the above product. |
b. | Compute the sales volume in units required for Porter Corporation to earn an operating income of $400,000. |
c. | Compute the dollar sales volume required for Porter Corporation to earn an operating income of $400,000. |
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