A company sells pens at 5 per unit.The fixed cost is 3200 and variable cost is 25% of total revenue.Find the quantity the company must sell to cover its fixed cost
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Answer:
640
Explanation:
Company has to sell 640 pens to cover fixed cost
3200 because 640 pens sold @ 5 will earn
(for the company)
5*640
=3200
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