Question: Hunt Ltd makes detergent which sells at 1 a bottle. Variable costs are 0.6 a bottle. The business is working at full capacity. What is
Hunt Ltd makes detergent which sells at 1 a bottle. Variable costs are 0.6 a bottle. The business is working at full capacity. What is the minimum price at which this product could be sold without making a loss for an order of 100,000 bottles? To fulfil this additional order, the company would incur additional fixed costs of 45,000 and variable costs of 60,000. You may assume a linear relationship between costs and selling price. Select one answer: O 100,000 145,000 85,000 40,000
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