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Student number is 365389 Over Armour Clothing Company sells shirts. The company has a targeted operating income of $500,000 for the upcoming year. The selling
Student number is 365389
Over Armour Clothing Company sells shirts. The company has a targeted operating income of $500,000 for the upcoming year. The selling price of their single product is $35.50 plus last digit of student number each, while the variable cost per unit is $10.50 plus last digit of student number. Fixed costs total $270,000. Required: Calculate the following: 1. Contribution margin per unit. 2. Break-even point in units. 3. Units to be sold to earn the targeted operating income Step by Step Solution
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