Grove Audio is considering the introduction of a new model of wireless speakers with the following price
Question:
Grove Audio is considering the introduction of a new model of wireless speakers with the following price and cost characteristics.
Required
a. What number must Grove Audio sell annually to break even?
b. What number must Grove Audio sell to make an operating profit of $180,000 for the year?
Transcribed Image Text:
Sales price... Variable costs.. Fixed costs... $ 430 per unit 190 per unit 624,000 per year LA
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