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A producer of felt-tip pens has received a forecast of demand of 34,000 pens for the coming month from its marketing department Fixed costs of

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A producer of felt-tip pens has received a forecast of demand of 34,000 pens for the coming month from its marketing department Fixed costs of $30,000 per month are allocated to the felt-tip operation, and variable costs are 36 cents per pen a. Find the break-even quantity if pens sell for $3 each. (Round your answer to the next whole number.) QAEP units b. At what price must pens be sold to obtain a monthly profit of $25,000, assuming that estimated demand materializes? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Price

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