Last month, Laredo Company sold 540 units for $34 each. During the month, fixed costs...
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Accounting
| Last month, Laredo Company sold 540 units for $34 each. During the month, fixed costs were $2,700 and variable costs were $14 per unit. |
| Required: | |
| 1. | Determine the unit contribution margin and contribution margin ratio. (Round your "Percentage"answer to the nearest whole percentage. Round your "Unit Contribution Margin" to 2 decimal places.) |
| 2. | Calculate the break-even point in units and sales dollars. (Round your answers to the nearest whole number.) |
| 3. | Compute Laredo |
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