Multiple Choice
A fabric manufacturer is doing a breakeven analysis of oilcloth.It costs $15.00 to manufacture a metre of oilcloth.Customers will pay $25 a metre for oilcloth.The company's fixed costs are $10,000.The fabric manufacturer must sell which of the following number of metres to break even?
A) 400
B) 667
C) 1,000
D) 10,000
Correct Answer:
Verified
Correct Answer:
Verified
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