A division of the Gibson Corporation manufactures bicycle pumps. Each pump sells for $9, and the variable cost of producing each unit is 50% of the selling price. The monthly fixed costs incurred by the division are $45,000. What is the break-even point for the division?
A division of the Gibson Corporation manufactures bicycle pumps. Each pump sells for $9, and the variable cost of producing each unit is 50% of the selling price. The monthly fixed costs incurred by the division are $45,000. What is the break-even point for the division?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A division of the Gibson Corporation manufactures bicycle pumps. Each pump sells for $9, and the variable cost of producing each unit is 50% of the selling price. The monthly fixed costs incurred by the division are $45,000. What is the break-even point for the division? (Round your answers to the nearest whole number.)
(x, y) =
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