What is the fixed cost and product cost per pound

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A plant making 2000 tons/year of a product selling for 50.80 per lb has variable cost of $2 million at 100 per cent capacity, and annual fixed costs are $700,000. What is the fixed cost and product cost per pound at the break-even point? What is the product cost per pound at 100% plant capacity?

Reference no: EM131424833

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