Question
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $42.17. The variable cost per unit is
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $42.17. The variable cost per unit is $24.59, Poseidon Swim has average fixed costs per year of $50,268. What is the break-even point in units for Poseidon Swim?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
11th Edition
0321357965, 978-0321357960
