WORKSHEET 1 (BREAK-EVEN PROBLEMS)
WORKSHEET 1 (BREAK-EVEN PROBLEMS) ... 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. The dairy currently produces and sells 9,000 pounds of cheese per month, but if it raises its price ... ................
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