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What number must cambridge sell per month to break even

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Reference no: EM13507516

Cambridge, Inc., is considering the introduction of a new calculator with the following price and cost characteristics:

Sales price (each)

18

Variable costs (each)

10

Fixed costs per month

20,000

Required

a. What number must Cambridge sell per month to break even?

b. What number must Cambridge sell to make an operating profit of $16,000 for the month?

 

Reference no: EM13507516

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