Determine the breakeven output and total sales revenues

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Reference no: EM13159745

Company is publishing a new managerial economics text for which it has estimated the following total fixed and average variable costs:

Total fixed costs: $100,000

Average variable costs: $20

Project selling price: $30

a) determine the breakeven output and total sales revenues. (Do not draw chart)

b) determine the output that would generate a total profit of $60,000 and the total sales revenues at the output level (Do not draw chart)

Reference no: EM13159745

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