A dealer purchased machinery for $ 3 1 , 5 0 0 . 0 0 per unit.
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Question:
A dealer purchased machinery for $ per unit. His overhead expenses are of the cost and he desires an operating profit of of the cost. During a sale, he offers a markdown of
a Calculate the reduced selling price per unit.
$
Round to the nearest cent
b Calculate the breakeven price.
$
Round to the nearest cent
c Calculate the profit or loss made per unit at the reduced selling price. Round your answer to two decimal places.
$
Round to the nearest cent. Use a negative sign to represent a loss
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