Assume fixed cost = $20,000 and variable cost per unit = $7.50. At what price will the firm achieve break-even point if expected sales volume (in units) equals 10,000 units? At what price will the firm achieve a target profit of $20,000? Assume fixed cost = $20,000 and variable cost per unit = $7.50. At what price will the firm achieve break-even point if expected sales volume (in units) equals 10,000 units? At what price will the firm achieve a target profit of $20,000?

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To find the breakeven point we need to determine the price at which total revenue equals total cost ... View the full answer