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Grand Gimmicks Company produces a single product with a current selling price of $170.Variable costs are $130 per unit,and fixed costs per month average $6,240.Management is considering increasing the selling price to $190 per unit.Assume that the variable cost per unit of the product and monthly fixed expenses will not change as a result of the proposed increase in selling price.
-At the proposed increased selling price of $190 per unit,closest to what dollar volume of sales per month is required to break-even? (Round your intermediate percentage to one decimal place. )
A) $19,747
B) $10,400
C) $9,123
D) $18,480
Correct Answer:
Verified
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