Regency,Inc.makes disposable cap and gown sets for graduations.Each cap and gown set sells for $15.The average variable cost for manufacturing ten cap and gown sets is $100.Total fixed costs for the year equal $65,000.Calculate the break-even point in units.
A) 650
B) 765
C) 1,300
D) 4,334
E) 13,000
Correct Answer:
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