Digital Displays Inc. makes computer monitors and sells them for $320 each. To break even, it needs to sell 515 monitors per month. If the fixed costs are $8,700 per month, what is the variable costs per monitor? Round to the nearest cent
Digital Displays Inc. makes computer monitors and sells them for $320 each. To break even, it needs to sell 515 monitors per month. If the fixed costs are $8,700 per month, what is the variable costs per monitor? Round to the nearest cent
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Digital Displays Inc. makes computer monitors and sells them for $320 each. To break
even, it needs to sell 515 monitors per month. If the fixed costs are $8,700 per month,
what is the variable costs per monitor?
Round to the nearest cent
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