A local company assembling stereo radio cassette produces 300 units per month at a cost of P800 per unit. Each stereo radio cassette sells for P1,200. If the firm makes a profit of 10% on its 10,000 shares with a par value of P200 per share, and fixed cost are P20,000 per month a. What is the break-even point? b. How much is the loss or profit if only 100 units are produced in a given month
A local company assembling stereo radio cassette produces 300 units per month at a cost of P800 per unit. Each stereo radio cassette sells for P1,200. If the firm makes a profit of 10% on its 10,000 shares with a par value of P200 per share, and fixed cost are P20,000 per month a. What is the break-even point? b. How much is the loss or profit if only 100 units are produced in a given month
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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A local company assembling stereo radio cassette produces 300 units per month at a cost
of P800 per unit. Each stereo radio cassette sells for P1,200. If the firm makes a profit of
10% on its 10,000 shares with a par value of P200 per share, and fixed cost are P20,000
per month
a. What is the break-even point?
b. How much is the loss or profit if only 100 units are produced in a given month
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