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pllasssss Erie Corp sells glass cleaner. Current product information is provided below. Information for Current Formulation Erie is considering switching to an all natural formulation.
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Erie Corp sells glass cleaner. Current product information is provided below. Information for Current Formulation Erie is considering switching to an all natural formulation. Switching to the all natural formulation would result in $87,000 in additional fixed costs. Based on market research, the company believes it could charge $6.50 per bottle and maintain current sales volume if it switched to the all natural formulation. What variable cost per unit for the all natural formulation would result in Erie earning equal profits to its current formulation? Round your answer to the nearest cent (e.g.,1.23) Step by Step Solution
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