Grand Gimmicks Company produces a single product with a current selling price of $170. Variable costs...
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Grand Gimmicks Company produces a single product with a current selling price of $170. Variable costs are $130 per unit, and fixed costs per month average $6,240. Management is considering increasing the selling price to $190 per unit. Assume that the variable cost per unit of the product and monthly fixed expenses will not change as a result of the proposed increase in selling price. At the proposed increased selling price of $190 per unit, closest to what dollar volume of sales per month is required to break- even? (Round your intermediate percentage to one decimal place.) a. $19,747 b. $9,123 c. $18,480 d. $10,400 Grand Gimmicks Company produces a single product with a current selling price of $170. Variable costs are $130 per unit, and fixed costs per month average $6,240. Management is considering increasing the selling price to $190 per unit. Assume that the variable cost per unit of the product and monthly fixed expenses will not change as a result of the proposed increase in selling price. At the proposed increased selling price of $190 per unit, closest to what dollar volume of sales per month is required to break- even? (Round your intermediate percentage to one decimal place.) a. $19,747 b. $9,123 c. $18,480 d. $10,400
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