Question
A company's fixed operating costs are $650,000, its variable costs are $2.20 per unit, and the product's sales price is $5.55. What is the company's
A company's fixed operating costs are $650,000, its variable costs are $2.20 per unit, and the product's sales price is $5.55. What is the company's break-even point; that is, at what unit sales volume will its income equal its costs? Round your answer to the nearest whole number.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
