A company is producing a certain type of circuit breaker. The fixed cost is (450 000$), and the variable cost is (33$) per unit. The humber of units that need to be sold to break even is 37500 units. Find the selling price (b) per unit

Power System Analysis and Design (MindTap Course List)
6th Edition
ISBN:9781305632134
Author:J. Duncan Glover, Thomas Overbye, Mulukutla S. Sarma
Publisher:J. Duncan Glover, Thomas Overbye, Mulukutla S. Sarma
Chapter7: Symmetrical Faults
Section: Chapter Questions
Problem 7.21MCQ
icon
Related questions
icon
Concept explainers
Question
A company is producing a certain type of
circuit breaker. The fixed cost is (450 000$),
and the variable cost is (33$) per unit. The
number of units that need to be sold to break
even is 37500 units. Find the selling price (b)
.per unit
Transcribed Image Text:A company is producing a certain type of circuit breaker. The fixed cost is (450 000$), and the variable cost is (33$) per unit. The number of units that need to be sold to break even is 37500 units. Find the selling price (b) .per unit
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Protection System in Power Plant
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, electrical-engineering and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Power System Analysis and Design (MindTap Course …
Power System Analysis and Design (MindTap Course …
Electrical Engineering
ISBN:
9781305632134
Author:
J. Duncan Glover, Thomas Overbye, Mulukutla S. Sarma
Publisher:
Cengage Learning
Electric Motor Control
Electric Motor Control
Electrical Engineering
ISBN:
9781133702818
Author:
Herman
Publisher:
CENGAGE L