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A firm has the capacity to produce 690,331 units of a product each year. At present, it is operating at 83 percent of capacity. The
A firm has the capacity to produce 690,331 units of a product each year. At present, it is operating at 83 percent of capacity. The firm's annual revenue is $1,111,860. Annual fixed costs are $392,836 and the variable costs are $.45 cents per unit.
At what volume of sales does the firm break even?
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