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A company makes three products. The three products sell at prices of $40, $32, and $55, respectively. Variable costs per unit are $20, $24, and

A company makes three products. The three products sell at prices of $40,

$32, and $55, respectively. Variable costs per unit are $20, $24, and $46,

respectively, while shared fixed costs total $2,800,000. Sales of the products

are such that for each unit sold of product 1, 4 units of product 2 and 2 units

of product 3 are sold. (a) How many units of each product must be sold in

order to break even? (b) How many units of each product must be sold in

order to earn a profit of $3,500,000

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