A local company assembling stereo radio cassette produces 300 units per month at a cost of P800.00 per unit. Each stereo radio cassette sells for P1,200.00. If the firm makes a profit of 10% on its 10,000 shares with a par value of P200.00 per share, and the total fixed costs are P20,000 per month. What is the breakeven point?
A local company assembling stereo radio cassette produces 300 units per month at a cost of P800.00 per unit. Each stereo radio cassette sells for P1,200.00. If the firm makes a profit of 10% on its 10,000 shares with a par value of P200.00 per share, and the total fixed costs are P20,000 per month. What is the breakeven point?
Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter9: Pricing Construction Equipment
Section: Chapter Questions
Problem 6RQ
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![A local company assembling stereo radio cassette produces 300 units per month at a cost of P800.00
per unit. Each stereo radio cassette sells for P1,200.00. If the firm makes a profit of 10% on its 10,000
shares with a par value of P200.00 per share, and the total fixed costs are P20,000 per month. What is
the breakeven point?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F668a7d23-0aec-4479-b411-ef7c36e39324%2F0145cb0d-4f35-43da-aa28-a39e0a26b6dc%2F3cog7f8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A local company assembling stereo radio cassette produces 300 units per month at a cost of P800.00
per unit. Each stereo radio cassette sells for P1,200.00. If the firm makes a profit of 10% on its 10,000
shares with a par value of P200.00 per share, and the total fixed costs are P20,000 per month. What is
the breakeven point?
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