Imagine you owned a company that produced toy trucks. You plan to sell each truck...
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Accounting
Imagine you owned a company that produced toy trucks. You plan to sell each truck for $10. Your expenses are as follows: Rent $10,000/year Utilities $2,500/year Paint and glue $2/truck Other raw materials $4/truck Insurance $1,500/year Salaries $36,000/year Show the formula and calculate the break even point for this company
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