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The following information describes a product to be produced and sold by ABC Corp:

Selling price : $60 per unit

Variable costs : $22 per unit

Total fixed costs: $630,000

1- what dollar amount of sales would be necessary to achieve a profit of $150,000?

2- how many units would be necessary to achieve the $150,000 profit?

3-using the $150,000 profit, calculate/determine the margin of safety.

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91962481

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