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Determine the sales volume in units and dollars

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Question - Vermon Company incurs annual fixed costs of $142,520. Variable costs for Vermon's product are $21.70 per unit, and the sales prices is $35.00 per unit. Vermon desires to earn an annual profit of $49,000.

Required - Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit.

Reference no: EM132174074

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