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The marketing manager of Jordan Corporation has determined that a market exists for a telephone with a sales price of $ 1 9 per unit.

The marketing manager of Jordan Corporation has determined that a market exists for a telephone with a sales price of $19 per unit.
The production manager estimates the annual fixed costs of producing between 41,600 and 80,700 telephones would be $310,200.
Required
Assume that Jordan desires to earn a $120,000 profit from the phone sales. How much can Jordan afford to spend on variable cost
per unit if production and sales equal 47,800 phones?
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