how many pairs must be produced each month for the foundry to break even?
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A foundry produces a pair of eyebolt and nut at a labor cost of P0.70 a pair and materials cost of P1.60 a pair. The fixed charged on the business are P25,000 a month and the variable cost is P0.50 per pair. If the eyebolt and nut sell for P5.50 a pair, how many pairs must be produced each month for the foundry to break even?
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