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The following is Harvest Corporation's contribution format income statement for last month: .$1,400,000 Variable expenses0 000 Contribution margin. Fixed expenses 500,000 300,000 Net operating incom.e....

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The following is Harvest Corporation's contribution format income statement for last month: .$1,400,000 Variable expenses0 000 Contribution margin. Fixed expenses 500,000 300,000 Net operating incom.e.... 00,000 The company produced and sold 10,000 units during the month. The unit selling price was $140 a. What is the company's contribution margin per unit? Ans: S b. What is the company's break-even point in unit sales? Ans: units c. Calculate the margin of safety in dollars. Ans: $ d. How many units would the company have to sell to attain target profits of $225,000? Ans: units

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