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6-7A. Break-Even Chart Set up a break-even chart similar to the one in Exhibit 6-12 with proportional scales from $0 to $72,000 (in $12,000 increments)
6-7A. Break-Even Chart Set up a break-even chart similar to the one in Exhibit 6-12 with proportional scales from $0 to $72,000 (in $12,000 increments) on the vertical axis and from 0 to 12,000 units of production (in 2,000-unit increments) on the horizontal axis. Prepare the break-even chart for Morton Company, assuming total fixed costs of $24,000, and unit selling price and unit variable cost for the company's one product of $8 and $5, respectively. Label the total revenue line and the total cost line. Indicate the break-even point in units and dollars
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