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Problem 2 In the month of September, Matlock Industries sold 800 units of product. The average sales price was $30. During the month, fixed costs
Problem 2 In the month of September, Matlock Industries sold 800 units of product. The average sales price was $30. During the month, fixed costs were S6.300 and variable costs were 70% of sales Instructions (a) Determine the contribution margin in dollars, per unit, and as a ratio (b) Using the contribution margin technique, compute the break-even point in dollars and in units
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