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Question: The following is Unique Ltd.'s contribution margin income statement for the year. Sales $ 3.800,000 Variable expenses 2,660,000 Contribution margin 1.140,000 Fixed expenses 400,000
Question: The following is Unique Ltd.'s contribution margin income statement for the year. Sales $ 3.800,000 Variable expenses 2,660,000 Contribution margin 1.140,000 Fixed expenses 400,000 Operating income $ 740,000 Unique Ltd. sold 15,200 units during the year. Required: Using cost-volume-profit analysis, answer the following questions. What is the company's contribution margin ratio? A What is the company's breakeven sales in units? A If sales increase by 200 units, by how much would operating income increase? A How many units would the company have to sell to attain target operating income of $425,000? A What is the company's margin of safety in dollars? A/ What is the company's degree of operating leverage? A
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