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Assume the following facts about a single product firm: Selling price per unit = $25.00 Variable costs per unit = $20.00 Total annual fixed costs
Assume the following facts about a single product firm:
| Selling price per unit | = $25.00 |
| Variable costs per unit | = $20.00 |
| Total annual fixed costs | = $30,000 |
What is the firm's annual breakeven volume in sales revenues?
| a. | $250,000 | |
| b. | $1,500 | |
| c. | $150,000 | |
| d. | $6,000 |
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Investment Management
Authors: Stephen Lofthouse
2nd Edition
047149237X, 9780471492375
