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19. Your uncle is considering investing in a new company that will produce high quality stereo speakers. The sales price would be at 1.5 times
19. Your uncle is considering investing in a new company that will produce high quality stereo speakers. The sales price would be at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. What sales volume would be required to break even, i.e., to have EBIT= zero?
a. 28,880
b. 30,400
c. 32,000
d. 33,600
e. 35,280
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