Question: The Hi-Hi Electronics is engaged in producing a certain component which is sold at a uniform price of Rs 8 each. The variable cost of

The Hi-Hi Electronics is engaged in producing a certain component which is sold at a uniform price of Rs 8 each. The variable cost of producing the component amounts to Rs 4.80 per unit while the fixed costs amount to Rs 24,000. How many units of the component must be produced and sold so that the company breaks even? How much sales would be made at this level of activity?

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