A company produces 500,000 units of a product per year and are being sold for P4,000,000. It incurs annual fixed operating expenses of P680,000. The unit cost of the product is P3.00. Determine the number of units to be sold to break even.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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A company produces 500,000 units of a product per year and are being sold for
P4,000,000. It incurs annual fixed operating expenses of P680,000. The unit cost of the
product is P3.00. Determine the number of units to be sold to break even.
Transcribed Image Text:A company produces 500,000 units of a product per year and are being sold for P4,000,000. It incurs annual fixed operating expenses of P680,000. The unit cost of the product is P3.00. Determine the number of units to be sold to break even.
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