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please solve for part c The Gizmo Manufacturing Company is considering making and selling a new product. Based on the data provided early to management,
please solve for part c
The Gizmo Manufacturing Company is considering making and selling a new product. Based on the data provided early to management, the annual worth for Product 1 was determined as follows: A1(12%)=$298.501.54+$14.25X It was also determined annual sales needed to be at least 20,947 units for the product to yield a positive-valued annual worth. Now, suppose a more sophisticated (and more expensive) version, called Product 2, has been proposed. Specifically the following data are provided for Product 2: Your answer is correct. What is the break-even sales volume for Product 2? Click here to access the TVM Factor Table calculator. units Carry all interim calculations to 5 decimal places and then round your final answer to a whole number. The tolerance is 5. eTextbook and Media Hint Attempts: 1 of 5 Your answer is correct. Which product, less expensive (Product 1) or more expensive (Product 2), has the greater break-even sales volume? has the greater break-even sales volume. eTextbook and Media If the sales forecasts are 25,000 units of the less expensive product (Product 1) and 16,000 units of the more expensive product (Product 2), which product should be launched? AW1(12%)=$ AW2(12%)=$ Carry all interim calculations to 5 decimal places and then round your final answers to a whole number. The tolerance is 10. should be launched Step by Step Solution
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