Question: Firebird Mfg. Co. has a contribution margin ratio of 40 percent and must sell 80,000 units at a price of $90 each in order to

Firebird Mfg. Co. has a contribution margin ratio of 40 percent and must sell 80,000 units at a price of $90 each in order to break even.
a. Compute total fixed costs.
b. Compute variable cost per unit.
c. Develop the company's cost formula.

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