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Company PVFV sells shoes at an average price of $100. The cost to produce each...

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Question

Accounting

  1. Company PVFV sells shoes at an average price of $100. The cost to produce each pair of shoes is $40. The company has annual fixed costs of $40,000.

Four questions:

  1. What is the breakeven in terms of unit sales? Show calculations using 2 different methods.
  2. Include a written description of how the two methods approach the problem.
  3. What is the breakeven in terms of sales revenue?

Answer & Explanation Solved by verified expert
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