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Part 1 Kiefer Hockey Corporation has a single product, a high powered hockey stick whose selling price is $140 and whose variable cost is $60
Part 1 Kiefer Hockey Corporation has a single product, a high powered hockey stick whose selling price is $140 and whose variable cost is $60 per unit. The company's monthly fixed expense is $40,000. 1. Solve for the unit sales that are required to earn a target profit of $6,000. 2. Solve for the dollar sales that are required to each a target profit of $8,000. Part 2 The Glee Club is planning its annual Riverboat Extravaganza. The Extravaganza committee has assembled the following expected costs for the event: Dinner (per person) Favors and program (per person $3 $1,500 Band $700 Tickets and advertising Riverboat rental $4,800 Floorshow and strolling entertainers $1,000
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