What should the price be for breakeven to occur, Operation Management

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What should the price be for breakeven to occur

Problem:

GX Corporation is developing a new innovative product. To launch the product, fixed costs are set at $140,000. Variable Costs are set at $75. They desire to break even by selling 1,000 units.

Required:

Question 1) What should they set the selling price as?

Question 2) What is the breakeven in Dollars?

Question 3) What should the price be for breakeven to occur at 5,000 units?

GX desires a selling price of $100. They also want breakeven units to be 5,000.

Question 4) What should variable costs be? Solve the given numerical problem and illustrate step by step calculation.

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Operation Management: What should the price be for breakeven to occur

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Operation Management: What should the price be for breakeven to occur

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Recent Questions Asked Operation Management

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Request for Solution File

Ask an Expert for Answer!!

Operation Management: What should the price be for breakeven to occur

Reference No:- TGS0880771

Recent Questions Asked Operation Management

Q : Determining the company pretax cost of debt

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