What is the break-even point

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A new piece of equipment will have a fixed cost of $50,000 and the product it would produce has a variable cost of $6.75, and a selling price of $15.

What is the break-even point?

How many units must be sold to make a profit of $500,000?

How many units must be sold to average $0.50 profit per unit? $0.75 profit per unit? And $2.50 per unit?

Reference no: EM132172381

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