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  3. 3-29 cvp analysis, margin of safety. suppose morri

3-29 CVP analysis, margin of safety. Suppose Morrison Corp.'s breakeven point is revenues of $1,100,000....

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3-29 CVP analysis, margin of safety. Suppose Morrison Corp.'s breakeven point is revenues of $1,100,000. Fixed costs are $660,000. 1. Compute the contribution margin percentage. Required 2. Compute the selling price if variable costs are $16 per unit. 3. Suppose 75,000 units are sold. Compute the margin of safety in units and dollars. 4. What does this tell you about the risk of Morrison making a loss? What are the most likely reasons for this risk to increase

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