Question: A manager has determined that a potential new product can be sold at a price of $26.00 each. The cost to produce the product is
A manager has determined that a potential new product can be sold at a price of $26.00 each. The cost to produce the product is $18.50, but the equipment necessary for production must be leased for $85,000 per year. What is the break-even point? (Round your answer to the nearest whole number.)
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