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Let us say the firm in the previous question was sourcing 2 gadgets in place of 1. The variables costs of Model1 and Model2 are
Let us say the firm in the previous question was sourcing 2 gadgets in place of 1. The variables costs of Model1 and Model2 are Rs. 1000 and Rs. 1500 respectively. They account for 60% and 40% of total sale and their sale prices are Rs. 1500 and Rs. 2000 respectively. Find the total combined volume of sales for the business to break even if the fixed cost is Rs. 3 crore. Take weighted averages (WA) for prices and variable costs with weights as per their sales. And use the standard method for finding break even point
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