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Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598 Exercise 13
Given the following information, answer the questions:
• The ratio of variable cost per unit divided by selling price per unit equals 0.3.
• Fixed costs amount to $60,000.
(a) Draw the cost-volume-profit chart.
(b) What is the break-even point
(c) What effect would an 8% decrease in selling price have on the break-even point from part (b)
• The ratio of variable cost per unit divided by selling price per unit equals 0.3.
• Fixed costs amount to $60,000.
(a) Draw the cost-volume-profit chart.
(b) What is the break-even point
(c) What effect would an 8% decrease in selling price have on the break-even point from part (b)
Explanation
Verified
Verified
Break-even point is that point where tot...
Contemporary Engineering Economics 6th Edition by Chan Park
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