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4(1) Sheridan Inc. sells a product for $78 per unit. The variable cost is $48 per unit, while fixed costs are $175,500. Determine (a) the
4(1)
Sheridan Inc. sells a product for $78 per unit. The variable cost is $48 per unit, while fixed costs are $175,500. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $87 per unit. a. Break-even point in sales units X units b. Break-even point if the selling price were increased to $87 per unit X units Feedback Vheck My Work a. Unit sales price minus unit variable costs equals unit contribution margin. b. Fixed costs divided by unit contribution margin = break-even point in unitsStep by Step Solution
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