Group Company produces a single product with the following per-unit attributes: price. $15; variable material...
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Accounting
Group Company produces a single product with the following per-unit attributes: price. $15; variable material cost. $2.50; variable direct labor cost. $2.50; variable manufacturing overhead, $2.00; and fixed manufacturing overhead, $2.00. Total fixed costs at Group Company are $5,000,000. How many units must Group Company sell to break even?
(Need this for excel, can you provide the formulas needed?) Thanks in advance
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