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Goff Corporation Sells Products for $75 Each That Have Variable

Question 130

Essay

Goff Corporation sells products for $75 each that have variable costs of $50 per unit.Goff's fixed cost is $350,000.
Required:
Calculate the contribution margin per unit,then use the per unit contribution margin approach to find the break-even point in units and dollars.

Correct Answer:

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Unit contribution margin is $2...

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