An organization manufactures and sells a single product that has a variable cost of $24 per unit and a contribution to sales ratio of 40%. Total monthly fixed costs are $ 720,000. What is the monthly breakeven point (in units)?   18,000 20,000 30,000 45,000

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Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.