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how to solve Spencer inc manufactures a product that costs $29 per unit plus $34,000 in fixed costs each month. Spencer currently sells 1100 of
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Spencer inc manufactures a product that costs $29 per unit plus $34,000 in fixed costs each month. Spencer currently sells 1100 of these units per month for $57 each of Spencer leased a machine for $6,600 a month, it could add features to the product that would allow it to sell for $90 each. It would cost an additional $14 per unit to add these features. How much would Spencer have to charge for the product with additional features to make it worthwhile to lease the machine? Multiple Choice 863 Step by Step Solution
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