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Last year Minden Company introduced a new product and sold 25,800 units of it at...

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Accounting

Last year Minden Company introduced a new product and sold 25,800 units of it at a price of $96 per unit. The product's variable expenses are $66 per unit and its fixed expenses are $833,700 per year.

Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even point in unit sales and dollar sales? 3. Assume the company has conducted a marketing study that estimates

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