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GX Corporation is developing a new innovative product. To launch the product, fixed costs are set at $140,000. Variable Costs are set at $75. They desire to break even by selling 1,000 units. a. What should they set the selling price as? b. What is the breakeven in Dollars?c. What should the price be for breakeven to occur at 5,000 units?d. GX desires a selling price of $100. They also want breakeven units to be 5,000.What should variable costs be?
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A local nursery greens uses 1560 bags of plant food annually. Green works 52 weeks per year. It costs $10 to place an order for plant food. The annual holding cost rate is $5 per bag. Lead time is one week.
Illustrate what is the logic in the least squares method of linear regression analysis. Overall the logic of least squares method is used to forecast the next quarterly sales of the organization.
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