Solved: If the steel plate sells for 079 per pound how many pounds, Cost Accounting

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If the steel plate sells for 079 per pound how many pounds

A mill producing steel plate has fixed costs of $160,000 per week and variable costs of $0.14 per pound of steel plate produced. If the steel plate sells for $0.79 per pound, how many pounds must be produced each week for the plant to breakeven? Express your answer in pounds to the nearest 1,000 pounds.

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Cost Accounting: If the steel plate sells for 079 per pound how many pounds

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