Question
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $41.14. The variable cost per unit is
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $41.14. The variable cost per unit is $25.76, Poseidon Swim has average fixed costs per year of $33,918.
What is the break-even point in dollar sales?
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Analysis for Financial Management
Authors: Robert Higgins
11th edition
77861787, 978-0077861780
