Question
A car dealership sells two types of cars, sedans and SUVs. The dealership's fixed costs are $300,000 per year. The variable costs per sedan are
A car dealership sells two types of cars, sedans and SUVs. The dealership's fixed costs are $300,000 per year. The variable costs per sedan are $10,000, and per SUV are $15,000. If the dealership sells sedans for $20,000 each and SUVs for $30,000 each, how many of each type of car must be sold to break even?
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
7th Canadian edition
1119368456, 978-1119211587, 1119211581, 978-1119320623, 978-1119368458
