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A new product is being considered that will require $45,000 in fixed costs per year. Variable costs ...
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A new product is being considered that will require $45,000 in fixed costs per year. Variable costs ...
A new product is being considered that will require $45,000 in fixed costs per year. Variable costs per unit are estimated to be $12.72. The firm wants to break even if 8000 units are produced and sold per year. What should be the price?
A) Between $16.00 and $16.99
B) Between $17.00 and $17.99
C) Less than $16.00
D) Between $18.00 and $18.99
Textbook
Operations Management: Processes and Supply Chains
Edition:
11
th
Authors:
Krajewski, Ritzman, Malhotra
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