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A company produces a high end office chairs with a selling price of $550. Its variable cost are 65% of the selling price and the
A company produces a high end office chairs with a selling price of $550. Its variable cost are 65% of the selling price and the annual fixed cost are $200,000
1. How many units does the company need to sell to break even?
2. What is the dollar sales volume required to reach break even point?
3. How many units does the company need to sell if operating profit target is $300,000?
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