A manufacturer produces a certain product at a labor cost of P 315 per unit, material cost of P 100 per unit, and variable cost of P 3 per unit. If the item has a selling price of P 995, how many units must be manufactured and sold each month to break even if the monthly fixed cost is P 461,600. Select one: a. 850 b. 800 c. 700 d. 750

A manufacturer produces a certain product at a labor cost of P 315 per unit, material cost of P 100 per unit, and variable cost of P 3 per unit. If the item has a selling price of P 995, how many units must be manufactured and sold each month to break even if the monthly fixed cost is P 461,600. Select one: a. 850 b. 800 c. 700 d. 750

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter1: Introduction And Goals Of The Firm

Section: Chapter Questions

Problem 2.2CE

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