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(12 pts) 7. Stanleys Corporation sells its product for $400 per unit. The variable cost per unit for the product is $300. Stanley's fixed cost
(12 pts) 7. Stanleys Corporation sells its product for $400 per unit. The variable cost per unit for the product is $300. Stanley's fixed cost is $30,000,000. Required: a) Determine Stanley's breakeven point in revenues. b) Determine the operating income, if Stanleys sold 270,000 units. c) Explain if Stanley's Corporation should be concerned about the long-run success of the business. If management is concerned, what strategies might they consider
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