XYZ Company has a product that sells for $50 per unit. The variable expenses are...
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Accounting
XYZ Company has a product that sells for $50 per unit. The variable expenses are $20 per unit, and fixed expenses total $90,000 per year.
Required:
a. What is the break-even point in units and value?
b. What is the contribution margin ratio for the product?
c. If the company need to achieve profit by 55,000 $, what the expected units to be sold?
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