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Problem 5-19 Break-Even Analysis; Pricing ILO5-1, LO5-4, LO5-5] Minden Company introduced a new product last year for which it is trying to find an optimal
Problem 5-19 Break-Even Analysis; Pricing ILO5-1, LO5-4, LO5-5] Minden Company introduced a new product last year for which it is trying to find an optimal selling price. Marketing studies suggest that the company can increase sales by 5,000 units for each $2 reduction in the selling price. The company's present selling Fixed expenses are $836,100 per year. The present annual sales volume (at the $92 selling price) i units. price is $92 per uni s 25,800 Required: 1. What is the present yearly net operating income or loss
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