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Using the following information determine the break even point in units and dollars? What is the Contribution Margin? What is the Contribution Margin Ratio? How
Using the following information determine the break even point in units and dollars? What is the Contribution Margin? What is the Contribution Margin Ratio? How many units does a business need to sell in order to earn a profit of $60,000? What happens to Breakeven point if fixed costs go down to $15,000? Selling Price = $10/unit Variable Cost = $7/unit Fixed Costs = $30,000
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