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A factory produces every 6 of product X for every production of 4 of product Y. Selling price for Product X = $8/unit Selling price
A factory produces every 6 of product X for every production of 4 of product Y.
Selling price for Product X = $8/unit Selling price for Product Y = $10/unit Variable cost for both products is $5
Fixed Cost = $100,000.
Is it possible to calculate break even price ($) for product Y? State Yes or No. Show your working and explain to support the answer in detail.
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