Assume a fixed cost for a process of $100,000. The variable cost to produce each unit of product is $10, and the selling price for the finished product is $50. Ignoring inventory, how many units must the firm sell to break even?
Fill in the blank(s) with the appropriate word(s).
2,500 units
Contribution margin per unit = $50 - $10 = $40. Break even = $100,000/$40 = 2,500.
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What will be an ideal response?
The price of one currency stated in terms of another is known as the ____________.
Fill in the blank(s) with the appropriate word(s).
There is no provision in the Charter that can ever permit any form of discriminatory policy to be maintained
Indicate whether the statement is true or false
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