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Reid Company is considering the production of a new product. The expected variable cost is $32 per unit. Annual fixed costs are expected to be

Reid Company is considering the production of a new product. The expected variable cost is $32 per unit. Annual fixed costs are expected to be $912,000. The anticipated sales price is $80 each. Required Determine the break-even point in units and dollars using each of the following: Use the equation method. Use the contribution margin per unit approach. Use the contribution margin ratio approach

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