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Grove Audio is considering the introduction of a new model of wireless speakers with the following price and cost characteristics. Sales price $ 490.00 per
Grove Audio is considering the introduction of a new model of wireless speakers with the following price and cost characteristics. Sales price $ 490.00 per unit Variable costs 250.00 per unit Fixed costs 768,000 per year Required: What number must Grove Audio sell annually to break even? What number must Grove Audio sell to make an operating profit of $180,000 for the year
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