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Swifty Corporation is planning to sell 400000 hammers for $7 per unit. The contribution margin ratio is 20%. If Swifty will break even at this
Swifty Corporation is planning to sell 400000 hammers for $7 per unit. The contribution margin ratio is 20%. If Swifty will break even at this level of sales, what are the fixed costs? O $2240000 O $560000 O $1600000 $1040000 Oriole reported the following results from the sale of 5000 units in May: sales $250000, variable costs $130000, fixed costs $90000, and net income $30000. Assume that Oriole increases the selling price by 5% on June 1. How many units will have to be sold in June to maintain the same level of net income? 04423 O 5000. O 4528. 0 4750
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