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Apple Inc. is planning to introduce a new product line, and the company expects to sell 1,200 units in the first quarter. Calculate the following:

Apple Inc. is planning to introduce a new product line, and the company expects to sell 1,200 units in the first quarter. Calculate the following:

Item

Amount ($)

Total cost of production

$1,500,000

Projected revenue

$2,400,000

Gross profit margin

50%

Additional Requirements:

  1. Calculate the net profit margin.
  2. Determine the break-even point in units.

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