A small company that manufactures automatic blowdown control valves (for applications where boilers are operated unsupervised for 24 to 36 hours) has fixed cost of ₱156838 per year and variable cost of ₱858 per valve. If the company expects to sell 17313 valves per year, then the selling price in order for the company to break even is ₱_________. Round your answer to 2 decimal places.

A small company that manufactures automatic blowdown control valves (for applications where boilers are operated unsupervised for 24 to 36 hours) has fixed cost of ₱156838 per year and variable cost of ₱858 per valve. If the company expects to sell 17313 valves per year, then the selling price in order for the company to break even is ₱_________. Round your answer to 2 decimal places.

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter3: Benefits, Costs, And Decisions

Section: Chapter Questions

Problem 8MC

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