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Vernon Corporation produces products that it sells for $14 each. Variable costs per unit are $4, and annual fixed costs are $217,000. Vernon desires to
Vernon Corporation produces products that it sells for $14 each. Variable costs per unit are $4, and annual fixed costs are $217,000. Vernon desires to earn a profit of $27,000. Required a. Use the equation method to determine the break-even point in units and dollars. b. Determine the sales volume in units and dollars required to earn the desired profit
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