Your company currently sells a product with a variable cost per unit of $16 and a unit selling price of $31.At the present time, your company only sells on a cash basis and has monthly sales of 310 units. The monthly interest rate is 2 percent. Your company is considering switching to a net 30
Credit policy. What is the switch break-even point?
A) 312 units
B) 316 units
C) 320 units
D) 323 units
E) 329 units
Correct Answer:
Verified
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