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Show work: Voellers Upholstery Co. Produces inexpensive leather chairs. The average selling price for one of the chairs is $400. The variable cost per chair
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Voellers Upholstery Co. Produces inexpensive leather chairs. The average selling price for one of the chairs is $400. The variable cost per chair is $250. Voeller's has average fixed costs per year of $450,000. A) what is the break-even point in units?
B) what is the break-even point in dollar sales?
C) what would be the operating profit or loss associated with the production and sale of (1) 3,000 chairs or (2) 4,000 chairs?
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