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5. Monterey Co. makes and sells a single product. The current selling price is $17 per unit. Variable expenses are $10.2 per unit, and fixed
5. Monterey Co. makes and sells a single product. The current selling price is $17 per unit. Variable expenses are $10.2 per unit, and fixed expenses total $33,680 per month. (Unless otherwise stated, consider each requirement separately.)
Required: | |
a. | Calculate the break-even point expressed in terms of total sales dollars and sales volume. (Do not round your intermediate calculations. Round your final answers to nearest whole number.) |
Break even point: _______________ Break even volume: _________________ units |
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