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George Corporation has estimated monthly sales of 20,000 units for $64 per unit. Variable costs comprise manufacturing costs of $35 and distribution costs of $13. Fixed costs are $80,000 per month.
 
Required:

Find out each of the given values.

a) Unit contribution margin

b) Monthly break-even unit sales volume

c) Create a contribution margin-based income statement.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M919315

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