What is the breakeven point in number of repairs per month

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Question - An Auto Shop performs repair for $1,300. Fixed costs are $24,000 per month and variable costs are $500 per repair. The shop does 400 repairs per month.

Required -

a. What is the breakeven point in number of repairs per month?

b. What is the shop's margin of safety in units (where units is defined as repairs)?

Reference no: EM133125649

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