Answered: If a product sells for $20, variable…

If a product sells for $20, variable costs are $8 and fixed costs are $300,000, what would total sales have to be in order to breakeven

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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If a product sells for $20, variable costs are $8 and fixed costs are $300,000, what would total sales have to be in order to breakeven?

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