Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 ) ) calculate break even point ( price and number of chairs ) when 1 chair sells for 5 0 rials the fixed cost

1)) calculate break even point (price and number of chairs)
when 1 chair sells for 50rials
the fixed cost is 35 rials
and calculate breakeven when the cost is 25.
2)) how much do we need to sell to make a profit of 5,000 rials
draw a graph of it please

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_2

Step: 3

blur-text-image_3

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

Computational Finance And Its Applications

Authors: C. A. Brebbia, M. Costantino

1st Edition

1853127094, 978-1853127090

More Books

Students also viewed these Finance questions

Question

Identify the four elements of financial management. LO.1

Answered: 1 week ago