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Question - A company sells one of its products for $13.80 per unit. Its fixed costs are $1,133.00 per month, and the variable cost per unit is $3.50.
Required -
(a) Find the contribution margin per unit?
(b) Find the break-even volume, i.e., the level of output at break-even in units per month.
(c) Find the profit at a monthly output level of 133 units?
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