Daley Co. manufactures computer monitors. Following is a summary of its basic cost and revenue data:
Assume that Daley Co. is currently selling 700 computer monitors per month. Fixed costs are $96,000.
Required: Calculate Daley Co.'s:
1. Breakeven sales volume, in units (round your answer up, to the nearest whole number)
2. Current level of operating income.
Correct Answer:
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