Question
A manufacturing company has to produce and sell 225 items every month to break even. The company's fixed costs are $2,245.50 per month and variable
A manufacturing company has to produce and sell 225 items every month to break even. The company's fixed costs are $2,245.50 per month and variable costs are $12.00 per item.
a. What is the total revenue at the break-even point? (Round to the nearest cent)
b. What is the selling price per item? (Round to the nearest cent)
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Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
6th Edition
0321113624, 978-0321113627
