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Please answer asap and i will leave thumbs up! Required information Problem 7.36 CVP Relationships; Indifference Point (LO 7-1, 7-4) [The following information applies to
Please answer asap and i will leave thumbs up!
Required information Problem 7.36 CVP Relationships; Indifference Point (LO 7-1, 7-4) [The following information applies to the questions displayed below] Corrigan Enterprises is studying the acquisition of two electrical component insertion systems for producing its sole product, the universal gismo. Data relevant to the systems follow. Modet no. 6754: Variable costs, $16.00 per unit Annual fixed costs, $985,600 Model no. 4399: Variable costs, $12.80 per unit Annual fixed costs, $1,113,600 Corrigan's selling price is $64 per unit for the universal gismo, which is subject to a 5 percent sales commission. (In the following requirements, ignore income taxes.) Problem 736 Part 1 Required: 1. How many units must the company sell to break even if Model 6754 is selected? (Do ndt round intermediate calculations.) Step by Step Solution
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