Question: A product is sold at $50 and its variable cost percentage is 50%. It also has a fixed cost of $500,000. What is the breakeven

A product is sold at $50 and its variable cost percentage is 50%. It also has a fixed cost of $500,000. What is the breakeven sales revenue? No need to write down the $ sign and thousand separator in your
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
