A company sells a product which has a unit sales price of $10, unin variable cost of $2 and total fixed costs of $135,000. How many u must the company must sell to break even?
A company sells a product which has a unit sales price of $10, unin variable cost of $2 and total fixed costs of $135,000. How many u must the company must sell to break even?
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter16: Capital Structure Decisions
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:CVP Drill #16
A company sells a product which has a unit sales price of $10, unit
variable cost of $2 and total fixed costs of $135,000. How many units
must the company must sell to break even?
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