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Cambridge, Inc., is considering the introduction of a new calculator with the following price and cost characteristics: Sales price $ 315 per unit Variable costs
Cambridge, Inc., is considering the introduction of a new calculator with the following price and cost characteristics:
Sales price $ 315 per unit
Variable costs 110 per unit
Fixed costs 244,000 per month
(a) What number must Cambridge sell per month to break even?
(b) What number must Cambridge sell to make an operating profit of $173,000 for the month?
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