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Orange Inc makes smartphones. Orange Inc is going to add a new Pro version to their lineup. Setting up to manufacture the phone will involve
Orange Inc makes smartphones. Orange Inc is going to add a new Pro version to their lineup. Setting up to manufacture the phone will involve relevant fixed costs of $2,777,592 for factory space and $1,042,658 for equipment, and variable costs of $2,582 for parts and $866 for direct labor. Orange Inc expects to sell the phone for $5,224 each. Calculate breakeven sales in units for the pro phone. (Rounding: tenth of a unit.) Elon's Cars is thinking about opening another sales location in another city. Elon expects the new venture to face relevant fixed costs of $397,367. Elon expects to sell the average car for $26,842, with average variable costs of $19,109 per unit. Calculate breakeven sales in UNITS. (Rounding: tenth of a car.) George's Baskets is looking at adding a new lineup of baskets. George's Baskets will buy these baskets for $11.54 each, with additional variable costs of $2.98 per unit. The company expects to sell the baskets for a price of $21.05. Setting up to sell the new line will involve fixed costs of $37,506. How many baskets must George sell in order to just break even on the new baskets? (Rounding: one decimal place.)
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