Finance: Break-Even Point
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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
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A break-even point is calculated. The solution is detailed.
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The Cost:
C=F+n*V
Where F is the fixed cost, n is the number of ...
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