Norwood Industries has annual fixed costs of $1.8 million. Unit variable costs are currently 55% of selling
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Norwood Industries has annual fixed costs of $1.8 million. Unit variable costs are currently 55% of selling price. Answer to the nearest million and .01%
4) What annual revenue is required to breakeven?
2)What annual revenue would produce a loss of $100 000 in a year?
3)What annual revenue would produce a profit of $300 000?
4)If prices are increased by 10%, but total revenue remains at the value determined in (c), what will be the percent change in sales volume?
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