Question: ABC Corp sells a product for $50 per unit. Variable costs amount to $30 per unit, and fixed costs total $100,000. Calculate: a) Contribution margin

ABC Corp sells a product for $50 per unit. Variable costs amount to $30 per unit, and fixed costs total $100,000. Calculate: a) Contribution margin per unit and contribution margin ratio. b) Break-even point in units and dollars. c) Margin of safety in units and dollars. d) Sales needed to achieve a target profit of $30,000.

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