A product is currently made in a local shop, where fixed costs are $20,000 per year and variable cost is $50 per unit. T
Posted: Wed Jul 06, 2022 6:14 am
A product is currently made in a local shop, where fixed costs are $20,000 per year and variable cost is $50 per unit. The firm sells the product for $150 per unit. a) What is the break-even point for this operation? 1 b) What is the profit (or loss) on a demand of 180 units per year? (10 points)