Gregory Enterprises sells a product for $80 per unit. The variable cost is $55 per unit, while

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Gregory Enterprises sells a product for $80 per unit. The variable cost is $55 per unit, while fixed costs are $20,000. Determine 

(a) The break-even point in sales units 

(b) The break-even point if the selling price were increased to $87 per unit.

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Financial and Managerial Accounting Using Excel for Success

ISBN: 978-1111993979

1st edition

Authors: James Reeve, Carl S. Warren, Jonathan Duchac

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