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A firm manufactures a product that sells for $ 2 5 per unit. Variable cost per unit is $ 2 and fixed cost per period
A firm manufactures a product that sells for $ per unit. Variable cost per unit is $ and fixed cost per period is $ Capacity per period is units. a Develop an algebraic statement for the revenue function and the cost function. b Determine the number of units required to be sold to break even. c Compute the breakeven point as a percent of capacity. d Compute the breakeven point in sales dollars.
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