Answer to Question #94021 in Algebra for Daniel

Question #94021

Calculate the break -even point if Owiya ltd sells its product for N1,000 per unit and having a variable cost per unit of N500, with a fixed cost of N500,000.
a.4000
b.1000
c.1500
d.2500

Expert's answer

1000x=500x+500000

500x=500000

x=1000

Answer: Var. b. 1000

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