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ABC Solar Company produces garden lamps. the annual fixed costs are $110,00 and variable cost to make the solar garden lamps is $7.00 per unit. The expected selling price is $15.00.
1. Determine the numbers of units need to sell to break even.
2. What is the sales dollars to breakeven?
3. What the number of unit need to sell to make a $100,000 profit?
4. If only 10,000 lamps are sold, what is the profit or loss?
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