Handheld fiber optic meters with white light polarization interferometry are useful for measuring temperature, pressure, and strain in electrically noisy environments. The fixed costs associated with manufacturing are $720,000 per year. If variable costs are $290 per unit and the company sells 4600 units per year, at what selling price per unit will the company break even? The selling price at which the company will break even is determined to be $ per unit.

Handheld fiber optic meters with white light polarization interferometry are useful for measuring temperature, pressure, and strain in electrically noisy environments. The fixed costs associated with manufacturing are $720,000 per year. If variable costs are $290 per unit and the company sells 4600 units per year, at what selling price per unit will the company break even? The selling price at which the company will break even is determined to be $ per unit.

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter3: Benefits, Costs, And Decisions

Section: Chapter Questions

Problem 8MC

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