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Please explain the answer in detail so I can learn. Thx. EasyFind manufactures and sells golf balls. The company is conducting a price test to
Please explain the answer in detail so I can learn. Thx.
EasyFind manufactures and sells golf balls. The company is conducting a price test to find a better price point. Presently their golf balls sell for $21 per dozen. Their current volume is 4,500 dozen per month. They are considering reducing their sales price by 29% per dozen. If variable costs are $10 per dozen, what is the new volume required to earn the same total contribution as before the price decrease? TUTORIAL 0 units PRACTICE PS1 1 2. 3 4 5 6 7 SUBMIT ANSWER EXIT Ouvda CALCULATED VARIABLES: newunits = 6,338 newucont = $4.91 newprice = $14.91 tcont = $49,500 revenues = $94,500Step by Step Solution
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