Answer :
Answer:
Break-even price = $7
Explanation:
The break-even price is the price at which the the total contribution from the sale is equal to the fixed cost of $300,000.
(x- 4)× 100,000 = 300,000
100,000X - 400,000 = 300,000
100,000X = 300,000 + 400,000
x= 700,000/100,000
X = $7
Break-even price = $7