Question: Prepare a contribution margin income statement if Morgan, Inc., wants to make a profit of $20,000. It has variable costs of $8 per unit and

Prepare a contribution margin income statement if Morgan, Inc., wants to

Prepare a contribution margin income statement if Morgan, Inc., wants to make a profit of $20,000. It has variable costs of $8 per unit and fixed costs of $12,000. How much must it charge per unit if 4,000 units are sold

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