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4 - Smithson Cutting is opening a new line of scissors for supermarket distribution. It estimates its fixed cost to be $500.00 and its variable cost to be $0.50 per unit. Selling price is expected to average $0.75 per unit. a) What is Smithson’s break-even point in units? b) What is the break-even point in dollars?

4 - Smithson Cutting is opening a new line of scissors for supermarket distribution. It estimates its fixed cost to be $500.00 and its variable cost to be $0.50 per unit. Selling price is expected to average $0.75 per unit. a) What is Smithson’s break-even point in units? b) What is the break-even point in dollars?

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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4 - Smithson Cutting is opening a new line of scissors for supermarket distribution. It estimates its fixed
cost to be $500.00 and its variable cost to be $0.50 per unit. Selling price is expected to average $0.75
per unit.
a) What is Smithson’s break-even point in units?
b) What is the break-even point in dollars? 

 

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