Excom Fiberoptics Sell Micro Test Tubes for Biotechnology Research in Sets

question 87

Multiple Choice

Excom Fiberoptics sell micro test tubes for biotechnology research in sets of 10,000 tubes.Fixed costs associated with the project are $2,000,000,variable cost per set is $120.Excom expects to sell 25,000 sets.What is the minimum price must it can charge and reach the accounting break-even point?

• A)$80
• B)$120
• C)$240
• D)$200

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