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ENGINEERING ECONOMY
RATE WILL BE GIVEN. WRITE THE COMPLETE SOLUTIONS/EXPLANATION LEGIBLY OR TYPEWRITTEN. GIVE STRAIGHT TO THE POINT EXPLANATION.
A tire manufacturer produces tires at a variable cost of $25 per unit. The plant has annual sales of $480,000 at a price of $40 per unit. Find the breakeven point in units of production. The annual fixed costs for the plant are $150,000.
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