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A new startup has the following profile for its product related to calculators. Fixed costs are $6 million per year. A financial calculator costs $10
A new startup has the following profile for its product related to calculators. Fixed costs are $6 million per year. A financial calculator costs $10 per unit to manufacture and sells for $30 per unit. What is the break-even level of annual sales? (Assume no taxes.)
A. 750,000 units
B. 300,000 units
C. 150,000 units
D. 381,777 units
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