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In order to produce a new product, a firm must lease equipment at a cost of $190,000 per year. The managers feel that they can

In order to produce a new product, a firm must lease equipment at a cost of $190,000 per year. The managers feel that they can sell 68,000 units per year at a price of $93. What is the highest variable cost that will allow the firm to at least break even on this project? (Round your answer to 2 decimal places.)

Please answer using Excel. Break even analysis

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