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Cole Corporation makes and sells two models of desk, a standard and a deluxe. The selling prices of the desks are $ 1 , 2
Cole Corporation makes and sells two models of desk, a standard and a deluxe. The selling prices of the desks are $ and $ respectively. The variable costs per unit are $ for the standard model and $ for the deluxe model. Last year Cole's sales were $ for the standard model and $ for the deluxe model. Cole's total fixed cost is $ Assuming the sales mix remains the same, how many of the standard model must be sold to breakeven?
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