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    The Following Information Is for a Product of Lanier Company
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The Following Information Is for a Product of Lanier Company

Question 99

Question 99

Essay

The following information is for a product of Lanier Company:
Last year,the variable cost per unit was $25.Total fixed costs were $800,000.At a volume of 170,000 units,the company achieved a profit of $50,000.
Required:
What was the unit sales price for the product last year?

Correct Answer:

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Unit contribution ma...

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