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
Correct Answer:
Verified
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