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Snug-As-A-Bug manufactures sleeping bags. For the coming year, the company has budgeted the following costs for the production and sale of 80, 000 units: Compute

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Snug-As-A-Bug manufactures sleeping bags. For the coming year, the company has budgeted the following costs for the production and sale of 80, 000 units: Compute the sales price per unit that would result in a budgeted operating income of $560, 000 assuming that the company produces and sells 80, 000 bags. Assuming that the company decides to sell the sleeping bags at a unit price of $71 per unit. Compute the following: Total fixed costs budgeted for the year. Variable cost per unit. The unit contribution margin. The number of bags that must be produced and sold annually to break even at a sales price of $71 per unit

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