A local company assembling stereo radio cassette produces 312 units per month at a cost of Php 800 per unit. Each stereo radio cassette sells for Php 1,200. If the firm makes a profit of 10% on its 10,000 shares with a par value of Php 200 per share, and the total fixed cost is Php 21,000 per month. What is the breakeven point and how much is the loss or profit if only 100 units are produced in given month?

A local company assembling stereo radio cassette produces 312 units per month at a cost of Php 800 per unit. Each stereo radio cassette sells for Php 1,200. If the firm makes a profit of 10% on its 10,000 shares with a par value of Php 200 per share, and the total fixed cost is Php 21,000 per month. What is the breakeven point and how much is the loss or profit if only 100 units are produced in given month?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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