In 2022, Concord sold 6000 units at $500 each. Unit variable cost was $250 and fixed...

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In 2022, Concord sold 6000 units at $500 each. Unit variable cost was $250 and fixed expenses totaled $650000. The same unit selling price is expected for 2023. Concord is tentatively planning to invest in equipment that would increase fixed costs by 20% while decreasing unit variable cost by 20%. If Concord makes the investment, what will be the break-even point in sales units for 2023? In 2022, Concord sold 6000 units at $500 each. Unit variable cost was $250 and fixed expenses totaled $650000. The same unit selling price is expected for 2023. Concord is tentatively planning to invest in equipment that would increase fixed costs by 20% while decreasing unit variable cost by 20%. If Concord makes the investment, what will be the break-even point in sales units for 2023?

Answer rating: 100% (QA)

Fixed cost will be 650000 1 20 780000 Variable cost will be 250 1 20 200 Sales Pri... View the full answer