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The following information is given for Kwan-Cook, Inc.: Unit sales price $10 Variable cost per unit $6 Total fixed costs $50,000 Determine the following: a
The following information is given for Kwan-Cook, Inc.:
Unit sales price $10
Variable cost per unit $6
Total fixed costs $50,000
Determine the following:
a Contribution margin per unit
b Contribution margin ratio
c Break-even sales in units
d Break-even sales in dollars
e Sales in units required to achieve a net income of $4,000
f Sales in units required to achieve a net income of 155 of sales
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