Assume a fixed cost of $900, a variable cost of $4.00, and a selling price of $5.50. a. What is the break-even point? (Roundup your answer to the next whole number.) b. How many units must be sold to make a profit of $500.00? (Roundup your answer to the next whole number.) c. How many units must be sold to average $0.25 profit per unit? (Roundup your answer to the next whole number.)

Assume a fixed cost of $900, a variable cost of $4.00, and a selling price of $5.50. a. What is the break-even point? (Roundup your answer to the next whole number.) b. How many units must be sold to make a profit of $500.00? (Roundup your answer to the next whole number.) c. How many units must be sold to average $0.25 profit per unit? (Roundup your answer to the next whole number.)

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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