Porter's Paints produces high-end industrial paint primer and sells the primer for $45 per gallon. The company's variable cost is $21.60 per gallon of primer. Annual fixed costs related to the primer are $197,145. How many gallons of primer does the company need to sell to break even? 9,127 gallons 8,425 gallons O 2,160 gallons
Porter's Paints produces high-end industrial paint primer and sells the primer for $45 per gallon. The company's variable cost is $21.60 per gallon of primer. Annual fixed costs related to the primer are $197,145. How many gallons of primer does the company need to sell to break even? 9,127 gallons 8,425 gallons O 2,160 gallons
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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