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refer to the 2 0 2 3 income statement in the annual report section of the inquirer for Andrews. Art has 4 7 4 0
refer to the income statement in the annual report section of the inquirer for Andrews. Art has $ of total period costs. interest and other expenses must be allocated to all products. so assume this is done equally and Arts share is $ for simplicity assume that changing the price of Art would not alter its sales of units. what is the minimum price Art could have been sold without losing money. its contribution margin would cover the $ of Period, interest and other expenses
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