1. (10 pts) Your uncle is considering investing in a new company that will produce...
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1. (10 pts) Your uncle is considering investing in a new company that will produce high quality stereo speakers. The sales price would be set at 1.30 times the variable cost per unit; the variable cost per unit is estimated to be $80.00; and fixed costs are estimated at $1,320,000. What sales volume would be required to break even?
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