Question: Adair Corporation produces products that it sells for $12 each. Variable costs per unit are $5, and annual fixed costs are $140,000. Adair desires to

Adair produces products that it sells for $12 each. Variable costs per unit are $5, and annual fixed costs are $140,000. Adair desires to earn a profit of $21,000.
Required
a. Use the equation method to determine the break-even point in units and dollars.
b. Determine the sales volume in units and dollars required to earn the desired profit.

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