Jasmine owns a company that manufactures a particular brand of pens and sells them for $40 each.

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Jasmine owns a company that manufactures a particular brand of pens and sells them for $40 each. The total revenue from these pens at the break-even point is $70,520 per month and the contribution margin per pen is $12.

a. What are the fixed costs?

b. What is the break-even volume?

c. What is the total revenue if he sells 1500 pens per month?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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