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Data concerning Follick Corporations single product appear below: Selling price per unit Variable expense per unit Fixed exp

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Answer #1

Contribution margin=Sales-Variable cost  

=280-78.4=$201.6 per unit

Contribution margin ratio=Contribution margin/Sales

=201.6/280=0.72

Breakeven=Fixed expenses/Contribution margin ratio

=(158400/0.72)

=$220000

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