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Exercise 3-1A (Algo) Equation method LO 3-1 Thornton Corporation produces products that it sells for $16 each. Variable costs per unit are $9, and annual

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Exercise 3-1A (Algo) Equation method LO 3-1 Thornton Corporation produces products that it sells for $16 each. Variable costs per unit are $9, and annual fixed costs are $152,600. Thornton desires to earn a profit of $9,100. Required a. Use the equation method to determine the break-even point in units and dollars. b. Determine the sales volume in units and dollars required to earn the desired profit. & Break-even point in units Break-even point in dollars b. Sales volume in units Sales in dollars

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