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Last year Minden Company introduced a new product and sold 15,000 units of it at a price of $80 per unit. The product's variable expenses
Last year Minden Company introduced a new product and sold 15,000 units of it at a price of $80 per unit. The product's variable expenses are $50 per unit and its fixed expenses are $521,400 per year. Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even point in unit sales and dollar sales? Complete this question by entering your answers in the tabs below. What was this product's net operating income (loss) last year? Last year Minden Company introduced a new product and sold 15,000 units of it at a price of $80 per unit. The product's variable expenses are $50 per unit and its fixed expenses are $521,400 per year. Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even point in unit sales and dollar sales? Complete this question by entering your answers in the tabs below. What is the product's break-even point in unit sales and dollar sales? (Do not round intermediate calculations.)
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