If a firm has fixed costs of $40,000, a variable cost per unit of $0.80, and a break-even point of 6,000 units, the price is

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter14: Capital Structure Management In Practice
Section14.A: Breakeven Analysis
Problem 7P
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Please provide the answer to this general accounting question using the right approach.

If a firm has fixed costs of $40,000, a variable cost
per unit of $0.80, and a break-even point of 6,000
units, the price is
Transcribed Image Text:If a firm has fixed costs of $40,000, a variable cost per unit of $0.80, and a break-even point of 6,000 units, the price is
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