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Cogswell is considering replacing his current cog-making equipment with a more economical version capable of...

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Accounting

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Cogswell is considering replacing his current cog-making equipment with a more economical version capable of producing 12 cogs each minute. The new equipment costs $12,000. Assuming he continues to sell cogs for $2.50 each and each cog costs $1.47 to make, how many cogs will he have to produce to break even

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