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A company is considering a redesign to its existing production process. It will incur fixed costs of $10,500,000.00. The company estimates that the production
A company is considering a redesign to its existing production process. It will incur fixed costs of $10,500,000.00. The company estimates that the production process redesign will reduce the variable cost of production per unit from $15 to $14. The product sells for $20 per unit. 1. What quantity is required for the production process redesign to break-even? 3 Assignment Format: Excel Spreadsheet for all calculations (formulas) Formulas must be present in cells. Only ONE Excel document allowed for submission. Clearly identify and explain your calculated answer. Your answer should not just be a figure (on the paper). Please tell me what it is.
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