8. (*) Philip Neilson owns a fireworks store. Philips fixed costs are $12,000 a month, and each...

Question:

8. (*) Philip Neilson owns a fireworks store. Philip’s fixed costs are $12,000 a month, and each fireworks assortment he sells costs, on average, $8. The average selling price for an assortment is $25. What is the break-even point for Philip’s fireworks store?

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