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Refer to the scenario below to answer the following questions.
Breakeven Analysis at MRI (Scenario)
Mike has just been hired as a sales manager at Mobile Research Inc. (MRI) , makers of the popular Blueberry wireless phone. At his first management briefing, Mike is informed that the company is losing money, despite the immense popularity of the Blueberry phone. He learns that the company is facing intense competition from its main rival, Mandarin Communications, makers of the M-Phone. The M-Phone has the same popular features as the Blueberry and sells for $40 less. When Mike asked about the cost structure for the Blueberry he was informed that the selling price is $200, variable costs are $120, and total fixed costs are $800,000 per month.
-If MRI decided to match the selling price of the M-Phone, how many Blueberry phones would they have to sell in a month in order to break even?
Thyrotoxicosis
A condition characterized by the excessive circulation of thyroid hormones, leading to an overactive metabolic state.
Diffuse Goiter
Diffuse goiter is a condition characterized by a uniform enlargement of the thyroid gland, often caused by iodine deficiency or autoimmune diseases.
21-Hydroxylase Deficiency
A genetic disorder affecting cortisol and aldosterone synthesis, leading to adrenal hyperplasia.
Kallmann's Syndrome
A genetic condition characterized by the failure to start or fully complete puberty, coupled with an impaired sense of smell.
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