A company sells a product for a price of $100 per unit. The variable cost per unit is $50. The company has fixed costs of $1 mill. per year. How many units do they have to sell to break even? (At Breakeven profit = 0).
A company sells a product for a price of $100 per unit. The variable cost per unit is $50. The company has fixed costs of $1 mill. per year. How many units do they have to sell to break even? (At Breakeven profit = 0).
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Ef 460.
Transcribed Image Text:A company sells a product for a price of $100 per unit. The variable cost per unit is $50. The company has fixed costs of $1 mill. per year.
How many units do they have to sell to break even? (At Breakeven profit = 0).
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