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Product expected to be produced and sold by Hadley Compan

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Question

The following information describes a product expected to be produced and sold by Hadley Company;Selling price.......$80 per unit;Variable costs......$32 per unit;Total fixed costs..$630,000;Required;(a) Calculate the contribution margin ratio;(b) Calculate the break-even point in dollars;(c) What dollar amount of sales would be necessary to achieve a pretax income of $120,000?

 

Paper#25821 | Written in 18-Jul-2015

Price : $42
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