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Marchete Company produces a single product. They have recently received the results of a market survey that indicates that they can increase the retail price

Marchete Company produces a single product. They have recently received the results of a market survey that indicates that they can increase the retail price of their product by 10% without losing customers or market share. All other costs will remain unchanged. Their most recent CVP analysis is presented below.

Current

Units sold 1,000

Sales

Price per Unit

$130 Variable

Cost per Unit $99

Contribution Margin per Unit $31

Fixed Costs $26,195

Break-Even (in units) 845

Break-Even (in dollars) $109,850

Sales $130,000 Variable Costs $99,000

Contribution Margin $31,000

Fixed Costs $26,195

Net Income (loss) $4,805

If they enact the 10% price increase, what will be their new break-even point in units and dollars? If required, round final answers to nearest whole number. New Price

Break-even (in units)

Break-even (in dollars)\

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