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Blanchard Company manufactures a single product that sells for $184 per unit and whose total...

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Accounting

Blanchard Company manufactures a single product that sells for $184 per unit and whose total variable costs are $138 per unit. The companys annual fixed costs are $699,200. (1) Prepare a contribution margin income statement for Blanchard Company showing sales, variable costs, and fixed costs at the break-even point. (2) Assume the companys fixed costs increase by $137,000. What amount of sales (in dollars) is needed to break even?

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