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Gary's Shoes has fixed operating costs of $450,000 and variable costs of $50 per unit. If it sells the product for $65 per unit, what
Gary's Shoes has fixed operating costs of $450,000 and variable costs of $50 per unit. If it sells the product for $65 per unit, what is the break-even quantity? That is, what is the level of unit sales at which costs equal revenues?
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