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Question 2 Cecils Manufacturing is considering producing a new product. The sales price would be $9.75 per unit. The cost of

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Answer #1

Let the number of units be X

9.75*X = 115000*(A/P,12%,7)+3100

9.75X = 115000*(0.219118)+3100

9.75X = 25198.57+3100

X = 2902.41743

= 2902

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