Man$-$A$-$Shev$-$Its manufactures decorative iron railings. In preparing for $2024$s operations, management has developed the following estimates: Total Per UnitSales $(20,000$ units$)$$$1,000,000$ $$50\mathrm{.}00$Direct materials$$200,000$ $$10\mathrm{.}00$Direct labor $($variable$)$$$50,000$ $$2\mathrm{.}50$Manufacturing overhead: Variable$$70,000$ $$3\mathrm{.}50$Fixed$$80,000$ $$4\mathrm{.}00$Selling & administrative: Variable$$100,000$ $$5\mathrm{.}00$Fixed$$30,000$ $$1\mathrm{.}50$Required:Compute the following items:a$.$ Unit contribution margin.b$.$ Contribution margin ratio.c$.$ Break$-$even in dollar sales.

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To compute the requested items lets use the provided estimates for ManShevIts operations in 2024 Tot... View the full answer