Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1A) B) A manufacturing process has a fixed cost of $150,000 per month. Each unit of product being produced contains $27 worth of material and

1A) image text in transcribed
B)
image text in transcribed
A manufacturing process has a fixed cost of $150,000 per month. Each unit of product being produced contains $27 worth of material and takes $45 of labor. How many units are needed to break even if each completed unit has a value of $90? (Roundup your answer to the next whole number.) Break even point units Aldo Redondo drives his own car on company business. His employer reimburses him for such travel at the rate of 40 cents per mile. Aldo estimates that his fixed costs per year-such as taxes, insurance, and depreciation-are $2,400. The direct or variable costs-- such as gas, oil and maintenance-average about 15,5 cents per mile. How many miles must he drive to break even? (Do not round intermediate calculations. Roundup your answer to the next whole number.) Break even point miles

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

Finance Applications And Theory

Authors: Marcia Cornett, Troy Adair, John Nofsinger

2nd Edition

0073530670, 9780073530673

More Books

Students also viewed these Finance questions

Question

How do rituals and routines express organizational values?

Answered: 1 week ago