Question: Hi I need help with this problem. Racer Industries has fixed costs of $900,000. Selling price per unit is $250, and variable cost per unit
Hi I need help with this problem.
Racer Industries has fixed costs of $900,000. Selling price per unit is $250, and variable cost per unit is $130. Required: (a) How many units must Racer sell in order to break even? (b) How sales dollars must Racer have in order to break even? (c) A new employee suggests that Racer Industries sponsor a 10K marathon as a form of advertising. The cost to sponsor the event is $7,200. How many more units must be sold to cover this cost
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