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*Question 1* Use the following information to determine the profit equation: Selling price per unit: $65 Variable cost per unit: 24 Fixed cost per year:

*Question 1* Use the following information to determine the profit equation: Selling price per unit: $65 Variable cost per unit: 24 Fixed cost per year: 260,000 Answer choices A) ( $41 * quantity) - ($24 * quantity) - $260,000 = Profit B) ($65 * quantity) - ($24*quantity) - $260,000 = Profit *Question 2* Crow Inc., a not-for-profit company, has a product contribution margin of $80. The fixed costs are $800,000. Crow Inc., has set a target profit of $70,000 per year. What is the breakeven point in units? A) 13,000 units B) 14,333 units C) 10,000 units D) 9,999 units

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