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YOU ARE GIVEN THE FOLLOWING INCOME STATEMENT: Sales (10,000 units) Variable costs Fixed costs Required a. b. c. d. e. f. g. $ 240,000

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YOU ARE GIVEN THE FOLLOWING INCOME STATEMENT: Sales (10,000 units) Variable costs Fixed costs Required a. b. c. d. e. f. g. $ 240,000 102,000 Contribution margin per unit is 75,000 If sales are doubled total variable costs will equal If sales are doubled total fixed costs will equal If 25 more units are sold, profits will increase by Compute how many units must be sold to break even. Compute how many units must be sold to achieve operating income of $75,000. Compute the revenue needed to achieve an after tax Income of $40,000 given a tax rate of 40%. h. Compute margin of safety SS SSSS S- per unit units units

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