Charleston Enterprises currently sells 15,600 units a month for total monthly sales of $445,000. The company is considering replacing its current cash only credit policy with a net 30 policy. The
Variable cost per unit is $13.21 and the monthly interest rate is 1.5 percent. What is the switch break-
Even point?
A) 15,879 units
B) 16,042 units
C) 16,123 units
D) 16,212 units
E) 16,278 units
Correct Answer:
Verified
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