Problem: A company produces glue in 8 ounce tubes. The total fixed costs for the production of the glue are $477,999.50. The variable cost per tube is $0.38, while the selling price is $1.16 per tube. What is the break even point in tubes of glue?
a. 512,840
b. 612,820
c. 579,930
d. 114,690
e. Not given