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Everton Furniture Company produces two kinds of chairs: an oak model and a chestnut wood model. The oak model sells for $60 and the chestnut
Everton Furniture Company produces two kinds of chairs: an oak model and a chestnut wood model. The oak model sells for $60 and the chestnut wood model sells for $100. The variable expenses are as follows: Oak Chestnut Variable production costs per unit 130 135 Variable selling & admin. expenses 6 5 per unit Expected sales in units next year are: 5,000 oak chairs and 1,000 chestnut chairs. Fixed expenses are budgeted at $135,000 per year. The yearly break-even point in total sales for the expected sales mix is
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