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6) Richmond Hill Geese Inc. makes and sells top-of-the-line winter jackets for $600. Variable costs are $240 per jacket and fixed costs are $720,000. (10
6) Richmond Hill Geese Inc. makes and sells top-of-the-line winter jackets for $600. Variable costs are $240 per jacket and fixed costs are $720,000. (10 marks) a) How many jackets must they sell to just breakeven? (CH5) b) How much profit would they make if they sold 3,000 jackets? (CH5) c) They are now considering making a better-quality jacket that would increase variable costs to $300 AND increase the price 30% (to $780). How many jackets would they need to sell to make the same amount of money they made in part b. d) How many less jackets is the answer in part c from the original 3,000? e) What is the percentage allowable decline in sales that sees them make the same amount of profit as before
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