Question
A tire manufacturer has fixed costs total $100,000 (including building and machinery depreciation cost etc). The unit variable cost for a tire including raw material
A tire manufacturer has fixed costs total $100,000 (including building and machinery depreciation cost etc). The unit variable cost for a tire including raw material and labor is $50. Please calculate the price necessary to break-even by selling a quantity of 10,000 tires.
a) 6000 b) 60000 c) 600 d) 60 e) 6
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Financial Accounting The Impact On Decision Makers
Authors: Gary A Porter, Curtis L Norton
7th Edition
1439080526, 9781439080528
