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Question - Facey Company provides the following information about its single product.
Targeted operating income $42,000
Selling price per unit $15
Variable cost per unit $12
Total fixed cost $151,050
Total sold 65,000
Required -
a. Calculate Breakeven in units and dollar amount?
b. Calculate margin of safety and margin of safety ratio?
c. Calculate the sales revenue and units need to be sold to achieve the target operating income?
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