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Problems 1.) The following information describes a product to be produced and sold by Motley Company (6 pts): Selling price .......... Variable costs ............ Total
Problems 1.) The following information describes a product to be produced and sold by Motley Company (6 pts): Selling price .......... Variable costs ............ Total fixed costs ......... ..$60 per unit ............ $22 per unit $630,000 a.) What dollar amount of sales would be necessary to achieve a profit of $150,000? b.) How many units would be necessary to achieve the $150,000 profit? c.) Using the $150,000 profit, what is the margin of safety
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