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Problem - Blanchard Company manufactures a single product that sells for $215 per unit and whose total variable costs are $172 per unit. The company's annual fixed costs are $597,700.
Required -
(a) Compute the company's contribution margin per unit.
(b) Compute the company's contribution margin ratio.
(c) Compute the company's break-even point in units.
(d) Compute the company's break-even point in dollars of sales.
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