A shoe manufacturer produces a pair of shoes at a labor cost of ₱90 a pair and materials cost of ₱80 a pair. The fixed charges of the business are ₱90,000 a month and the variable cost is ₱40 a pair. If the shoes sell for ₱300 a pair, how many pair's must be produced each month by the manufacturer to break-even?
A shoe manufacturer produces a pair of shoes at a labor cost of ₱90 a pair and materials cost of ₱80 a pair. The fixed charges of the business are ₱90,000 a month and the variable cost is ₱40 a pair. If the shoes sell for ₱300 a pair, how many pair's must be produced each month by the manufacturer to break-even?
Chapter4: Economic Evaluation In Health Care
Section: Chapter Questions
Problem 7QAP
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A shoe manufacturer produces a pair of shoes at a labor cost of ₱90 a pair and materials cost of ₱80 a pair. The fixed charges of the business are ₱90,000 a month and the variable cost is ₱40 a pair. If the shoes sell for ₱300 a pair, how many pair's must be produced each month by the manufacturer to break-even?
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