Jasmine owns a company that manufactures a particular brand of pens and sells them for $40 each.
Question:
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?
AppendixLO1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
Question Posted: