finding fixed cost
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A company imports Estonian futons and needs to sell $735 worth of the product in order to break even.
Futons sells for $127 each while the variable cost per unit is $69.
What is the company's Fixed cost?
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Solution Summary
It shows how to find the fixed cost given the variable cost and the break even point.
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The company needs to sell 735 units to break even.
at the break even, ...
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