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Your firm has fixed costs of $6,000,000 and variable cost per unit of $5.00. Answer the following questions: A) What is the break-even point in
Your firm has fixed costs of $6,000,000 and variable cost per unit of $5.00. Answer the following questions:
A) What is the break-even point in units at a selling price of $13?
B) What is the break-even point in units at a selling price of $15?
C) What is the break-even point in units at a selling price of $19?
D) What is the break-even point in dollars at a selling price of $15?
E) How many units would the firm need to sell at a price of $15 to make $2,000,000 profit?
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