Question: For this weeks reflection, please write three complete and well composed paragraphs (in your own words) explain how to compute the answer to the following

For this weeks reflection, please write three complete and well composed paragraphs (in your own words) explain how to compute the answer to the following problem:

Phan Incorporated has annual fixed costs totaling $6,000,000 and variable costs of $350 per unit. Each unit of product is sold for $500.

Required: a. Calculate the contribution margin per unit. b. Find the break-even point in units. c. How many units must be sold to earn an annual profit of $750,000?

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