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Jordan Corporation is a manufacturing company that makes small electric motors it sells for $43 per unit. The variable costs of production are $23
Jordan Corporation is a manufacturing company that makes small electric motors it sells for $43 per unit. The variable costs of production are $23 per motor, and annual fixed costs of production are $460,000. Required a. How many units of product must Jordan make and sell to break even? b. How many units of product must Jordan make and sell to earn a $80,000 profit? c. The marketing manager believes that sales would increase dramatically if the price were reduced to $38 per unit. How many units of product must Jordan make and sell to earn a $104,000 profit, if the sales price is set at $38 per unit? a. Sales volume units b. Sales volume units c. Sales volume units
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