Determining the break-even point in units
Problem:
Jones Blanket Company sells blankets for $30 each. Each blanket requires $5 of material and $15 labor.
Requirement:
Question: If fixed cost is $4,000,000 then what is the break-even point in units?
Note: Provide support for your rationale.
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Question: If fixed cost is $4,000,000 then what is the break-even point in units? Note: Provide support for your rationale.
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