Problem:
The Majestic Blind Company sells its finished product for an average of $34 per unit, with a variable cost per unit of $20. The company has fixed operating costs of $1,020,000 per year. Calculate the firms operating breakeven point in units. a. Now, suppose that competition in the industry causes Majestic Blind Company to reduce its average selling price to $30 per unit to remain competitive. All of the other financial data remain at their initial levels.
Required:
Question: Calculate the firm's new operating breakeven point in units.
Note: Please show how to work it out.