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Break even point, unit contribution margin

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Calculate the unknowns for the following situations based on the given data:

Actual total sales revenue $300,000
Total fixed cost 75,000
Unit variable costs 15
Contribution ratio 40%

CALCULATE THE FOLLOWING:
a) unit selling price
b) unit contribution margin
c) break even points in units
d) margin of safety.

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Solution Summary

This solution assists in calculating unit selling price, unit contribution margin, break even points, and margin of safety (see attachment).

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