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00290 - Your uncle is considering investing in a new company that will produce high quality stereo speakers. The sales price would be set at
00290 - Your uncle is considering investing in a new company that will produce high quality stereo speakers. The sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $60.00; and fixed costs are estimated at $1,000,000. What sales volume would be required to break even, i.e., to have EBIT = zero? A. 25000 B. 33333.33 C. 16666.67 D. 32054.18 E. 15697.43
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