Question
Profits R Us has monthly operating costs of $1,000,000. It sells Flying Wedgies for $200 each,...
Profits R Us has monthly operating costs of $1,000,000. It sells Flying Wedgies for $200 each, and each Flying Wedgie costs $150 to produce.
1. Treating the operating costs as fixed, how many Flying Wedgies do they need to sell each month in order to break even?
2. What will their breakeven revenues be for the month?
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