Question
A manufacturing company has to produce and sell 229 items every month to break even. The company's fixed costs are $2,258.50 per month and variable
A manufacturing company has to produce and sell 229 items every month to break even. The company's fixed costs are $2,258.50 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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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
6th Edition
0073226386, 978-0073226385
