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Problem 1 Consider each of the following situations independently. Fill in the blanks with the appropriate information. 1. Units Sold Total Sales Variable Cost Percentage
Problem 1 Consider each of the following situations independently. Fill in the blanks with the appropriate information.
1.
Units Sold | Total Sales | Variable Cost Percentage | Variable Cost per Unit | Contribution Margin per Unit | Total Fixed Costs | Net Income/ (Loss) |
20,000
| $360,000 |
| $9.90 |
|
| $40,000 |
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