Question: Item8 5points Return to question Item 8 Problem 7-12 (Algo) A firm is selling two productschairs and bar stoolseach at $50 per unit. Chairs have

Item8

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Return to questionItem 8Problem 7-12 (Algo)

A firm is selling two productschairs and bar stoolseach at $50 per unit. Chairs have a variable cost of $25, and bar stools $20. Fixed cost for the firm is $21,000.

a. If the sales mix is 1:1 (one chair sold for every bar stool sold), what is the break-even point in dollars of sales? In units of chairs and

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