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(20 points) The company you work for is considering the introduction of a new product. The Price, Cost and Volume estimates are listed below. Given

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(20 points) The company you work for is considering the introduction of a new product. The Price, Cost and Volume estimates are listed below. Given this information, your boss has asked you to let him know how close these estimates are to the breakeven points for price and volume. Price: $15/unit Variable costs: $10/unit Volume: 10,000 units per year Fixed Costs: $20,000/yr

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