Question

Gorman Company has the following cost- volume- profit relationships.
Breakeven point in units sold ................................................... 1,000
Variable cost per unit ............................................................... $ 2,000
Fixed cost per period ............................................................... $ 750,000
A. What is the contribution margin per unit?
B. What is the selling price per unit?
C. What is the total profit if 1,001 units are sold?


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  • CreatedMarch 25, 2015
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