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The following information is for a product manufactured and sold by Drake Company. Sales price per unit: $100 Variable cost per unit: $30 Total annual
The following information is for a product manufactured and sold by Drake Company. Sales price per unit: $100 Variable cost per unit: $30 Total annual fixed costs: $350,000 Required: 1). Calculate the contribution margin per unit. 2). How many Units Crane sell to break-even? 3). How many units must Crane sell to achieve a profit of $35,000?
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