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Please provide complete solution. Thank you! 1. Gregory Company is planning to market a new product. The company estimates that it can sell 9,000 units
Please provide complete solution. Thank you!
1. Gregory Company is planning to market a new product. The company estimates that it can sell 9,000 units for the first year of operation. Unit selling price is P 50 with variable cost estimated as 60% of the sales price. Estimated total fixed cost is P 40,000. Required: Compute break-even point in pesos b. Break-even point in units a. bStep by Step Solution
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