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Q4. Simon is the managerial accountant of ECIL, which sells markers. He previously determined that the fixed costs of ECIL consist of property taxes
Q4. Simon is the managerial accountant of ECIL, which sells markers. He previously determined that the fixed costs of ECIL consist of property taxes and executive salaries, which add up to $100,000. The variable cost associated with producing one marker is $2 per unit. The marker is sold at a premium price of $12. Required: Determine the Break-even point of ECIL. Also, represent it on a Graph. (Total marks = 3)
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