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Sheridan Inc. sells a product for $106 per unit. The variable cost is $68 per unit, while fixed costs are $464,968. Determine (a) the break- even point in sales units and (b) the break- even point if the selling price were increased to $114 per unit. a. Break-even point in sales units fill in the blank 1 units b. Break-even point if the selling price were increased to $114 per unit fill in the blank 2 units Feedback

Sheridan Inc. sells a product for $106 per unit. The variable cost is $68 per unit, while fixed costs are $464,968. Determine (a) the break- even point in sales units and (b) the break- even point if the selling price were increased to $114 per unit. a. Break-even point in sales units fill in the blank 1 units b. Break-even point if the selling price were increased to $114 per unit fill in the blank 2 units Feedback

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Sheridan Inc. sells a product for $106 per unit. The variable cost is $68 per unit, while fixed costs are $464,968. Determine (a) the break- even point in sales units and (b) the break- even point if the selling price were increased to $114 per unit. a. Break-even point in sales units fill in the blank 1 units b. Break-even point if the selling price were increased to $114 per unit fill in the blank 2 units Feedback
Transcribed Image Text:Sheridan Inc. sells a product for $106 per unit. The variable cost is $68 per unit, while fixed costs are $464,968. Determine (a) the break- even point in sales units and (b) the break- even point if the selling price were increased to $114 per unit. a. Break-even point in sales units fill in the blank 1 units b. Break-even point if the selling price were increased to $114 per unit fill in the blank 2 units Feedback
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