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Gibson Corporation produces products that it sells for $14 each. Variable costs per unit are $9, and annual fixed costs are $109,000. Gibson desires to
Gibson Corporation produces products that it sells for $14 each. Variable costs per unit are $9, and annual fixed costs are $109,000. Gibson desires to earn a profit of $15,000 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
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