Assume a fixed cost of $900, a variable cost of $4.50, and a selling price of $5.50.
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Question:
Assume a fixed cost of $900, a variable cost of $4.50, and a selling price of $5.50.
a. What is the break-even point?
b. How many units must be sold to make a profit of $500.00?
c. How many units must be sold to average $0.25 profit per unit? $0.50 profit per unit? $1.50 profit per unit?
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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