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A company produces and sells widgets. The selling price per widget is $10, variable cost per widget is $5, and fixed costs are $20,000. a.
A company produces and sells widgets. The selling price per widget is $10, variable cost per widget is $5, and fixed costs are $20,000. a. Calculate the breakeven point in units and dollars. b. Determine the sales needed to achieve a target profit of $10,000. c. If the company desires to increase profits by $15,000, discuss the various strategies it could adopt.
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