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Thornton Company produces a product that sells for $51 per unit and has a variable cost of $18 per unit. Thornton incurs annual fixed costs

Thornton Company produces a product that sells for $51 per unit and has a variable cost of $18 per unit. Thornton incurs annual fixed costs of $227,700.

Determine the sales volume in units and dollars required to break even.

Calculate the break-even point assuming fixed costs increase to $280,500.

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