Senser Company's desired profit is $250,000 for Product IREX. The sale price per unit is $500 each.
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Question:
Senser Company's desired profit is $250,000 for Product IREX. The sale price per unit is $500 each. The variable cost per unit is $200. Total fixed cost is $300,000.
Calculate:
- Total costs
- Contribution margin per unit
- Break Even Point in units
- Number of units to produce the desired profit
- Margin of safety
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