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PLEASE SHOW ALL WORK 2. (10) A firm pays rent, insurance, overhead, etc. of $400,000 per year. Each product uses $4.00 per unit in raw
PLEASE SHOW ALL WORK
2. (10) A firm pays rent, insurance, overhead, etc. of $400,000 per year. Each product uses $4.00 per unit in raw materials, the firm pays workers $21.00 per hour, and each worker produces 7 units per hour. a. If the price would be $11.00 per unit, what is the break even in both units and dollars of revenue? b. If the price would be $9.00 per unit, what is the break even in both units and dollars of revenueStep by Step Solution
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