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Calculate contribution margin per unit for phan incorporated

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Reference no: EM132528465

Phan Incorporated has annual fixed costs totaling $6,000,000 and variable costs of $350 per unit. Each unit of product is sold for $500.

Required:

Question a. Calculate the contribution margin per unit.

Question b. Find the break-even point in units.

Question c. How many units must be sold to earn an annual profit of $750,000?

Reference no: EM132528465

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