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Explanation Show correct answ Q25 You recently took over as CFO of Berkeley Motors, Inc (congrats!) Berkeley Motors sells three types of automobiles: Cars sell
Explanation Show correct answ Q25 You recently took over as CFO of Berkeley Motors, Inc (congrats!) Berkeley Motors sells three types of automobiles: Cars sell for $12,500; Trucks sell for $25,000; and Vans sell for $62,500. Data concerning the three products for January appear below: Sales Variable costs Cars $2,000,000 $2,200,000 Trucks $3,000,000 $2,400,000 Vans $5,000,000 $3,500,000 In January, Berkeley Motors reported a profit of $1,500,000. You have big plans though... Assuming the sales mix and fixed costs stay consistent, how many MORE* automobiles must you sell in February in order to double January's profit? *How many more than were sold in January Numeric Response
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