The Manhattan Company sells its one and only product for $89.00 per unit.Variable costs per unit amount to $63.50,and total fixed costs are $3,697,500.If Manhattan increases its selling price to $95 how will this affect the breakeven point in units?
A) The breakeven point will increase 28,889 units
B) The breakeven point will decrease 116,111 units
C) The breakeven point will increase 116,111 units
D) The breakeven point will decrease 28,889 units
Correct Answer:
Verified
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