Question
(Total 8 marks) QUESTION 4 A local livestock producer utilizes compost waste to develop an organic fertilizer product. The fertilizer is prepared for retail sale
(Total 8 marks)
QUESTION 4
A local livestock producer utilizes compost waste to develop an organic fertilizer product. The fertilizer is prepared for retail sale in 50 pound bags. The retail sales price is $5.00 per bag. The average variable cost per bag is $2.80 and the annual fixed cost is $60000. Find the break-even units and the break-even sales.
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr
5th edition
73375829, 978-0073375823
