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Spears Music, Inc. produces a hip-hop CD that is sold for $15. The contribution margin ratio is 40%. Fixed expenses total $6,750. Instructions (a) Compute
Spears Music, Inc. produces a hip-hop CD that is sold for $15. The contribution margin ratio is 40%. Fixed expenses total $6,750. Instructions (a) Compute the variable cost per unit. (b) Compute how many CDs Spears Music will have to sell in order to break even. (c ) Compute how many CDs Spears Music will have to sell in order to make a target net income of $16,200
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