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A producer of felt-tip pens has received a forecast of demand of 36,000 pens for the coming month from its marketing department. Fixed costs of
A producer of felt-tip pens has received a forecast of demand of 36,000 pens for the coming month from its marketing department. Fixed costs of $26,000 per month are allocated to the felt-tip operation, and variable costs are 31 cents per pen. Find the break-even quantity if pens sell for $1 each. (Round your answer to the next whole number.) Q_BEP 7046 units At what price must pens be sold to obtain a monthly profit of $17,000, assuming that estimated demand materializes? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Price $ _______
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