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Question
Ceylon Express sells bottled pasteurized tea to retailers. It has the following revenues and costs:Sales price per bottle: $0.50
Average variable costs per bottle: $0.30
Total fixed costs (annual): $50,000
Tax rate: 20 percent
What is the annual break-even point in units for the company?
a. 50,000
b. 250,000
c. 100,000
d. 166,667
e. 500,000
Answer
This answer is hidden. It contains 92 characters.
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