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Question: gigi inc has a targeted operating income of 518000 for...

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GiGi Inc. has a targeted operating income of $518,000 for next year. They have set a selling price at $40.50 each. The variable cost per item is $12.50. The fixed costs are $182,000.

What is the contribution margin per unit?

What is the break even in units?

How many units need to be sold to reach the targeted operating income?

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