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Mango Ltd manufactures bicycles . each bicycles is sold for $ 1500 . Variable cost for manufacturing each unit amounts to $ 900.fixed overhead cost to be paid each month $ 45000
Problem a: calculate :
1 the contribution margin of each bicycle sold
2 Mango Ltd break even point both in $(value) and in units
3 the number of units and sales amount that must be sold in order for Mango Ltd to make a profit of $ 175000 per month
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