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How much revenue does gondor need to generate

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Reference no: EM133157241

Question - The manager of Gondor Inc. considers raising its current price of $101 per unit to $154. The manager worries that the demand and sales revenue may decrease because of the higher price. Gondor currently produces and sells 11,683 units per month, each of which costs $40 in variable costs. Monthly fixed costs are $15,277. How much revenue does Gondor need to generate with the new price so that the company breaks even?

Reference no: EM133157241

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