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Need help on 2B. Thank you :) Cheryl Montoya picked up the phone and called her boss, Wes Chan, the vice president of marketing at

image text in transcribedimage text in transcribedNeed help on 2B. Thank you :)

Cheryl Montoya picked up the phone and called her boss, Wes Chan, the vice president of marketing at Piedmont Fasteners Corporation: "Wes, I'm not sure how to go about answering the questions that came up at the meeting with the president yesterday" "What's the problem?" "The president wanted to know the break-even point for each of the company's products, but I am having trouble figuring them out. "I'm sure you can handle it, Cheryl. And, by the way, I need your analysis on my desk tomorrow morning at 8:00 sharp in time for the follow-up meeting at 9:00." Piedmont Fasteners Corporation makes three different clothing fasteners in its manufacturing facility in North Carolina. Data concerning these products appear below: Velcro Metal Nylon Annual sales volume Unit selling price Variable expense per unit 105,000 212,000 293,000 $2.00 1.50 0-70 $1.00 $0.80 0.50 Total fixed expenses are $262,000 per year. All three products are sold in highly competitive markets, so the company is unable to raise prices without losing an unacceptable numbers of customers

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