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The fixed cost is $50,000 and it cost $200 to produce each item.
Hi,
Can you help me solve/work through the steps of this homework quistion"a company is planning to produce a new product. The fixed cost is $50,000 and it cost $200 to produce each item. Each item will be sold for $600. How can I find out the break even point for the company on this new product. Please help me with the steps thoroughly. Thank you.