Please answer following questions: Mehta & Associates, a producer of cable wires, wants...
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Accounting
Please answer following questions:
Mehta & Associates, a producer of cable wires, wants you to complete several calculations based on the information given: Selling Price/Unit = $8.75
Variable Cost/Unit = $4.50 Total Fixed Costs = $39,500 Required to calculate the following:
a) Break Even point in units
b) Sales Volume necessary to produce a net income of $25,000
c) Total Units required to be sold to earn a Net Income of $20,500
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