Calculate the number of units and sales amount

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Mango Ltd manufactures bicycles . each bicycles is sold for $ 1500 . Variable cost for manufacturing each unit amounts to $ 900.fixed overhead cost to be paid each month $ 45000

Problem a: calculate :

1 the contribution margin of each bicycle sold

2 Mango Ltd break even point both in $(value) and in units

3 the number of units and sales amount that must be sold in order for Mango Ltd to make a profit of $ 175000 per month

Reference no: EM132618934

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