Last year, a battery manufacturing company in Winnipeg incurred a loss of $835,000 by producing and selling
Question:
Last year, a battery manufacturing company in Winnipeg incurred a loss of $835,000 by producing and selling 45,000 batteries. The total revenue for the year was $12,600,000 and the break-even volume of the company is 49,900 batteries.
a. What is the selling price of each battery?
b. What are the fixed costs per year and variable costs per battery?
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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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