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Seton Company manufactures a single product that sells for $360 per unit and whose total variable costs are $270 per unit. The company's annual fixed
Seton Company manufactures a single product that sells for $360 per unit and whose total variable costs are $270 per unit. The company's annual fixed costs are $1,125,000. (1) Use this information to compute the company's (a) contribution margin, (b) contribution margin ratio, (c) break-even point in units, and (d) break-even point in dollars of sales. (2) Draw a CVP chart for the company
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