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ABC Corporation is considering the production of a new product. The following information is available: Selling Price per Unit $100 Variable Cost per Unit $60
ABC Corporation is considering the production of a new product. The following information is available:
Selling Price per Unit | $100 |
Variable Cost per Unit | $60 |
Fixed Costs | $200,000 |
Calculate the following:
- Break-even point in units and dollars.
- Sales revenue needed to earn a target profit of $50,000.
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