Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. An earbud manufacturer has weekly fixed costs of $58,000 and variable costs of $10.00 per unit. The price of the earbuds is $24

1. An earbud manufacturer has weekly fixed costs of $58,000 and variable costs of $10.00 per unit. The price of the earbuds is $24 per unit. (20 points) What is the number of units that need to be sold to breakeven? What is the breakeven revenue? If 3,200 units are sold what is the profit/loss? 2. Given the following information (20 points): Price per unit $34 Variable cost per unit $17 Total fixed cost $15,800 How many units need to be sold to breakeven? If 1,800 units are sold what is the profit/loss? If $20,000 in profit is desired, how many units need to be sold?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mathematical Applications For The Management, Life And Social Sciences

Authors: Ronald J. Harshbarger, James J. Reynolds

12th Edition

978-1337625340

More Books

Students also viewed these Accounting questions

Question

Determine miller indices of plane A Z a/2 X a/2 a/2 Y

Answered: 1 week ago