A company that produces pens sells each for $1.99. Its variable cost per unit is $0.74. What is the contributing margin (CM) and the breakeven point (BE) for the company assuming it has a fixed cost of $75000?

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A company that produces pens sells each for $1.99. Its variable cost per unit is $0.74. What is the contributing margin (CM) and the breakeven point (BE) for the company assuming it has a fixed cost of $75000?