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Kate is planning to expand her business by taking on a new product. She can purchase the new product at a cost of $3.5 per

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Kate is planning to expand her business by taking on a new product. She can purchase the new product at a cost of $3.5 per unit. If she chooses a price of $10 per unit and can generate $2600 in break-even point in sales dollar, what is the most she can spend on advertising? Hint: Consider what the BE units or the BE sales are in this case which will help you find the fixed costs (FC). Note: to receive the full mark, you will use 8 decimal places when performing the calculations, and there is no need to put dollar sign ($) or comma () in your final answer. You may leave 8 decimals in your final answer if you wish to do so. 977213&page=8# iwer

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