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solve Break even point You work for a company that makes and sells mulch. Your company uses a loader with a bucket to dump mulch
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Break even point You work for a company that makes and sells mulch. Your company uses a loader with a bucket to dump mulch into trailers for deliveries, and the equipment you currently own has had a catastrophic failure and needs to be replaced You have two options to replace it The first machine can be bought used for $40,000 and is expected to cost $20 an hour to run based on maintenance, repairs and fuel cost The second machine would be bought new for $100,000 and is expected to cost $10 an hour to run based on maintenance, repairs, and fuel cost. What is break-even point in terms of hours of runtime between the two options Step by Step Solution
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