Determine break-even point for division
The division of Gibson Corporation produces bicycle pumps. Pump sells for $9, and variable cost of producing each unit is 40% of selling price. Monthly fixed costs incurred by division are $50,000. Determine break-even point for division?
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Pump sells for $9, and variable cost of producing each unit is 40% of selling price. Monthly fixed costs incurred by division are $50,000. Determine break-even point for division?
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