Modern lighting is looking at carrying a new line of lamps, Ask an Expert

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Modern Lighting is looking at carrying a new line of lamps. Modern Lighting will BUY these lamps for $8.74 each, with ADDITIONAL variable costs of $2.13 per unit. The company expects to sell the lamps for a price of $18.45. Setting up to sell the new line will involve fixed costs of $29,959. Calculate breakeven in DOLLARS of sales revenue for Modern Lighting. (Rounding: penny.)

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Financial Management, Finance

Category:- Financial Management
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