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Ensco Lighting Company has fixed costs of $100,000, sells its units for $28, and has variable costs of $15.50 per unit.
a. Compute the break-even point.b. Ms. Watts comes up with a new plan to cut fixed costs to $75,000. However,more labor will now be required, which will increase variable costs per unitto $17. The sales price will remain at $28. What is the new break-even point?c. Under the new plan, what is likely to happen to profitability at very highvolume levels (compared to the old plan)?
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Finance,Accounts Receivable,Bonds ,revenue expenditure - Show entries in general journal form for the following transactions for a certain public university
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