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Calculate the break-even point or target profit

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Reference no: EM132752482

Problem 1: You are asked to find the target profit in units and in sales dollars. What does this mean?

Problem 2: For a company with one product, describe the equation used to calculate the break-even point or target profit in (a) units, and (b) sales dollars.

Problem 3: Distinguish between contribution margin per unit and contribution margin ratio.

Reference no: EM132752482

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