a. What is the total revenue at the break-even point?

b. What is the selling price per item? A small manufacturing company that produces and sells snow boots has variable costs of $65 per pair of boots. The fixed costs are $2100 per month and it has to sell 84 pairs of boots to break even.

a. What is the total revenue at the break-even point?

b. What is the selling price per pair of boots? A company that manufactures electronic items sells them for $155 each. It needs to sell 700 items per month to break even. If the fixed costs are $24,500 per month, what are the variable costs per item?

AppendixLO1