Determine the break-even quantity

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An investment proposal will have annual fixed costs of $60,000, variable costs of $35 per unit of output, and revenue of $55 per unit of output.

a. Determine the break-even quantity. (enter only numbers, no units) ]

b. What volume of output will be necessary for an annual profit of $40,000? (enter only numbers, no units)

Reference no: EM131040325

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