A firm is selling two products, chairs and tables. Table price tag is $100 while...
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A firm is selling two products, chairs and tables. Table price tag is $100 while each chair is sold at $40. Chairs have a variable cost of $25 and table $50. Fixed cost for the firm is $40000. If sale mix is 1:4 (one table sold for 4 chairs), what is breakeven point of production?
A firm is selling two products, chairs and tables. Table price tag is $100 while each chair is sold at $40. Chairs have a variable cost of $25 and table $50. Fixed cost for the firm is $40000.
If sale mix is 1:4 (one table sold for 4 chairs), what is breakeven point of production?
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