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The marketing manager of Solomon Corporation has determined that a market exists for a telephone with a sales price of $24 per unit. The production

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The marketing manager of Solomon Corporation has determined that a market exists for a telephone with a sales price of $24 per unit. The production manager estimates the annual fixed costs of producing between 40,400 and 80,100 telephones would be $737,800. Required Assume that Solomon desires to earn a $119,000 profit from the phone sales. How much can Solomon afford to spend on variable cost per unit if production and sales equal 47,600 phones? Variable cost per unit

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