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5. The Hampton Roads textile mill makes denim jeans. The monthly fixed cost is $12,000, and the variable cost per pair of jeans is $9.50.

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5. The Hampton Roads textile mill makes denim jeans. The monthly fixed cost is $12,000, and the variable cost per pair of jeans is $9.50. The company feels they can sell the jeans for $25 a pair. A. What is the company's break-even point? (How many jeans must they sell to break even? B. The company would like to show a profit of $75,000 a month. How many jeans must they sell to show this profit? How much revenue will the company have at this monthly profit per year? C. The company is considering changing the price of the jeans. They know if they lower the price, they will sell more jeans. However, if they raise the price, they will sell fewer. The company has previous data on the volume sold and the price from previous years. Using this data, how much should the company price the jeans to maximize its revenue? How many jeans should they make to maximize revenue? How many jeans should they make to maximize profit? How much profit will they make, what will be their revenue, and how many jeans should they expect to make each month

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