Refer to the information presented in M6-2. How many units must Lezoli sell to earn a profit
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Refer to the information presented in M6-2. How many units must Lezoli sell to earn a profit of at least $5,400?
Data from M6-2
Lezoli Enterprises sells handmade clocks. Its variable cost per clock is \($6\), and each clock sells for \($15\). Calculate Lezoli’s contribution margin per unit and contribution margin ratio. If the company’s fixed costs total \($6,660\), determine how many clocks Lezoli must sell to break even.
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ISBN: 9780078110771
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