The production department of a company has indicated that they can produce widgets at a cost...

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The production department of a company has indicated that they can produce widgets at a cost of $7.00 each if they lease new equipment at a cost of $12,000. Marketing has estimated the number of units they can sell to be 6,000 units. What should the selling price be to achieve sales breakeven point? [10 points] The production department of a company has indicated that they can produce widgets at a cost of $7.00 each if they lease new equipment at a cost of $12,000. Marketing has estimated the number of units they can sell to be 6,000 units. What should the selling price be to achieve sales breakeven point? [10 points]

Answer rating: 100% (QA)

Given Cost of producing 1 widget 700 Cost of leasing new eq... View the full answer