Please show all necessary work, thank you. 11-42 (35 points) What-if analysis: Jeren Company...
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11-42 (35 points) What-if analysis: Jeren Company is considering replacing its existing cutting machine with a new machine that will help reduce its defect rate. Relevant information for the two machines includes the following: b. (20 points) Determine the sales level in dollars at which the use of the new machine results in a 10% profit on sales (profit/sales) ratio
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