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A business makes and sells a single product, which sells for $15 per unit and which has a unit variable cost of $7. Fixed costs
A business makes and sells a single product, which sells for $15 per unit and which has a unit variable cost of $7. Fixed costs are expected to be $500,000 for the next year. (a) What is the break-even point in sales revenue? (b) What is the break-even point in units? (c) What would be the break-even point if fixed costs went up to $640,000? (d) What would be the break-even point if fixed costs were $500,000 but unit variable costs went up to $10?
Please help. I do not understand
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