Multiple Choice
You currently sell a product with a variable cost per unit of $43 and a unit selling price of $69. At the present time you only sell on a cash basis and have monthly sales of 680 units. The monthly interest rate is.75 percent. You are considering switching to a net 30 credit policy. What is the switch break-even point?
A) 694 units
B) 698 units
C) 701 units
D) 704 units
E) 706 units
Correct Answer:
Verified
Correct Answer:
Verified
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