The following is given: Price $6.50/unit Variable cost $4.00/unit Fixed cost $56,000 a) Based on the given information, the break-even point in units = b) Based on the given information, the break-even point in dollars = $ whole number). c) The profit for a volume of 120,000 units = $ units (enter your response as a whole number). (round your response to the nearest (round your response to the nearest whole number).

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The following is given:
Price
$6.50/unit
Variable cost
$4.00/unit
Fixed cost
$56,000
a) Based on the given information, the break-even point in units =
b) Based on the given information, the break-even point in dollars = $
whole number).
c) The profit for a volume of 120,000 units = $
units (enter your response as a whole number).
(round your response to the nearest
(round your response to the nearest whole number).
Transcribed Image Text:The following is given: Price $6.50/unit Variable cost $4.00/unit Fixed cost $56,000 a) Based on the given information, the break-even point in units = b) Based on the given information, the break-even point in dollars = $ whole number). c) The profit for a volume of 120,000 units = $ units (enter your response as a whole number). (round your response to the nearest (round your response to the nearest whole number).
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