What price should it charge in order to break even

Reference no: EM131989059

Problem

Syed Company needs to reduce the selling price of its product in order to be competitive. Currently, Syed has fixed costs of $346,400 and variable costs per unit of $2.50. If Syed can sell 80,000 units, what price should it charge in order to break even?

Reference no: EM131989059

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