Essay
Gladstorm Enterprises sells a product for $60 per unit. The variable cost is $20 per unit, while fixed costs are $85,000. Determine the
(a) break-even point in sales units and
(b) break-even point in sales units if the selling price increased to $80 per unit. Round your answer to the nearest whole number.
Correct Answer:
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a. SP $60 - VC $20 = CM $40$85...View Answer
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