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A producer of felt - tip pens has received a forecast of demand of 3 1 , 0 0 0 pens for the coming month

A producer of felt-tip pens has received a forecast of demand of 31,000 pens for the coming month from its marketing department. Fixed costs of $21,000 per month are allocated to the felt-tip operation, and variable costs are 25 cents per pen.
a. Find the break-even quantity if.pens sell for $1 each. (Round your answer to the next whole number.)
Answer is complete and correct.
28,000 units
b. At what price must pens be sold to obtain a monthly profit of $18,000, assuming that estimated demand materializes? (Round your answer to 2 decimal places.)
Answer is not complete.
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