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Sulaymaniyah Solar Solutions, a solar energy provider in Iraq, reports the following financial data for the year ended December 31, 2023: Sales Revenue: IQD 150,000,000
Sulaymaniyah Solar Solutions, a solar energy provider in Iraq, reports the following financial data for the year ended December 31, 2023:
- Sales Revenue: IQD 150,000,000
- Variable Costs: IQD 80,000,000
- Fixed Costs: IQD 50,000,000
Perform a cost-volume-profit (CVP) analysis for Sulaymaniyah Solar Solutions. Calculate the company's contribution margin, breakeven point in units and sales revenue, and margin of safety. Provide insights into the company's profitability and sensitivity to changes in sales volume and costs.
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