A manufacturer has determined that the combined fixed and variable expenses for the production and sale of 500,000 items are $10,000,000. What is the price at the breakeven point for this item?

Chapter 9, Application 9.6 #2

A manufacturer has determined that the combined fixed and variable expenses for the production and sale of 500,000 items are $10,000,000. What is the price at the breakeven point for this item?

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Related Book For answer-question

Financial Algebra Advanced Algebra With Financial Applications

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

ISBN: 9781337271790