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At your current level of operating leverage

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Question - You own a small manufacturing business that produces widgets. You have spent $300,000 acquiring the fixed assets you need to produce widgets. Each widget costs you $2 to make and they sell for $20 each, so your variable cost is 10% of the overall revenue.

At your current level of operating leverage, how many widgets must you sell to break even?

a) 24,500

b) 15,000

c) 30,000

d) 16,667

Reference no: EM132981852

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