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1. Assume the price per unit equals $70, fixed costs total $ 35000, and variable costs are $35 per unit. a. Find the breakeven point

1. Assume the price per unit equals $70, fixed costs

total $ 35000, and variable costs are $35 per unit.

a. Find the breakeven point in both units and

dollars.

b. Assume the firm wants to earn a profit of

$5000 find the new volume of sales in both units

and dollars.

PLEASE SHOW ALL WORK.

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