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Question: problem 55 a producer of felttip pens has received a...

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Problem 5-5 A producer of felt-tip pens has received a forecast of demand of 47,000 pens for the coming month from its marketing department. Fixed costs of $29,000 per month are allocated to the felt-tip operation, and variable costs are 28 cents per pen. a. Find the break-even quantity if pens sell for $4 each (Round your answer to the next whole number.) units b. At what price must pens be sold to obtain a monthly profit of $17.000, assuming that estimated demand materializes? (Round your answer to 2 decimal places. Omit the S sign in your response.) Price
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