WORKSHEET 1 (BREAK-EVEN PROBLEMS)
(BREAK-EVEN PROBLEMS) The Pastureland Dairy makes cheese, which it sells at local supermarkets. The fixed monthly cost of production is $4,000 and the variable cost per pound of cheese is $0.21. The cheese sells for $0.75 per pound; however, the dairy is considering raising the price to $0.95 per pound. ................
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