A manufacturing company pays $16,700 per month for rent and utilities, $41,850 for administrative salaries, $4800 for
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A manufacturing company pays $16,700 per month for rent and utilities, $41,850 for administrative salaries, $4800 for insurance costs, and $62,789 for equipment rental. The variable costs are $45 per unit for material and $62 per unit for labour. It needs to manufacture and sell 3100 units to break even.
a. What is the selling price per unit?
b. What is the total revenue per month to break even?
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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