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Calculate contribution margin and break-even units

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Reference no: EM132529948

Question - A company provides the financial data related to a single product:

Financial data

Selling Price (per unit) $9.40

Variable Costs (per unit) $3.20

Fixed Costs $49,600

Sales Unit $10,200

Required - Calculate with explanation:

(a) Contribution margin ($)

(b) Break-even units

(c) Profit ($)

(d) Margin of safety (units)

Reference no: EM132529948

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