The variable cost for a product is $1, and the total fixed cost are $300,222. The company sells
1 answer:
Answer:
42,889
Step-by-step explanation:
The contribution margin of a product is $8 -1 = $7. Then the number that must be sold to cover fixed costs is ...
$300,222/$7 = 42,888.9
To break even, the company must sell 42,889 products.
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