3 Required information lhe following information applies to the questions displayed below] Praveen Co. manufactures...
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3 Required information lhe following information applies to the questions displayed below] Praveen Co. manufactures and markets a number of rope products. Management is considering the future of Product XT, a special rope for hang gliding, that has not been as profitable as planned. Since Product XT is manufactured and marketed independently of the other products, its total costs can be precisely measured. Next years plans call for a $150 selling price per 100 yards of XT rope. Its fixed costs for the year are expected to be $200.000, up to a maximum capacity of 550,000 yards of rope. Forecasted variable costs are $100 per 100 yards of XT rope Pert 1 of 2 2 1. Estimate Product XT's break even point in terms of sales units and sales dollars. (1 unit - 100 yards) (Do not round intermediate calculations.)
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