Ray Bond, from Problem 1-16, is trying to find a new supplier that will reduce his variable cost of production to $ 15 per unit. If he was able to succeed in reducing this cost, what would the break-even point be?
In Problem 1-16, Ray Bond sells handcrafted yard decorations at county fairs. The variable cost to make these is $ 20 each, and he sells them for $ 50. The cost to rent a booth at the fair is $ 150.