XYZ Ltd. produces and sells bicycles. The company has the following information for the month of January
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Question:
XYZ Ltd. produces and sells bicycles. The company has the following information for the month of January 2023:
Units | Selling Price per Unit | Variable Cost per Unit | Fixed Costs |
---|---|---|---|
500 | $600 | $450 | $60,000 |
a) Calculate the break-even point in units and dollars.
b) Calculate the profit or loss if the company sells 800 units during the month.
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