Cleason sells a single product at $14 per unit.The firm's most recent income statement revealed unit sales of 80,000,variable costs of $800,000,and fixed costs of $560,000.Management believes that a $3 drop in selling price will boost unit sales volume by 20%.Which of the following correctly depicts how these two changes will affect the company's break-even point? 
A) Choice A
B) Choice B
C) Choice C
D) Choice D
E) Choice E
Correct Answer:
Verified
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A)$4.80.
B)$9.00.
C)$9.25.
D)$17.00.
E)an amount
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