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Home / Questions / Suppose Lattin Corps breakeven point is revenues of $1000000 Fixed costs are $400000. Req...

Suppose Lattin Corps breakeven point is revenues of $1000000 Fixed costs are $400000. Required 1. Compute the contribution margin percentage Compute the selling price if variable costs

Suppose Lattin Corp.’s breakeven point is revenues of $1,000,000. Fixed costs are $400,000.

Required

1. Compute the contribution margin percentage.

2. Compute the selling price if variable costs are $12 per unit.

3. Suppose 80,000 units are sold. Compute the margin of safety in units.

Apr 01 2020 View more View Less

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