A heavy equipment manufacturing company has annual fixed costs of $14,000,000. Unit selling price is $15,000 and
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A heavy equipment manufacturing company has annual fixed costs of $14,000,000. Unit selling price is $15,000 and unit variable costs are $8,000.
a. What is the company's break-even point in unit sales per year?
b. What annual sales revenue must the company achieve in order to break even?
c. What will be the annual profit or loss if annual sales are 3000 units?
d. How many units must the company sell per year to generate an annual profit of $700,000?
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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