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Total fixed overhead is $52,000 per year. Variable selling expenses are $1.60 per unit sold; fixed selling and administrative expenses are $37,950.

Required

1. Calculate the contribution margin ratio

2. Calculate the break-even revenue.

3. Calculate the revenue needed to earn $18,000.

4. Calculate the break-even units, rounded to the nearest unit.

5. Calculate the units needed to earn $18,000, rounded to the nearest unit.

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Corporate Finance, Finance

Category:- Corporate Finance
Reference No.:- M91619684

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