Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A business makes floral table decorations. These decorations are sold for 24 each. The costs of producing one table decoration are: flowers and other materials:
A business makes floral table decorations. These decorations are sold for 24 each. The costs of producing one table decoration are: flowers and other materials: 8.50; labour 2; variable production overheads: 0.50. Fixed costs are 715 per month. How many floral table decorations must be produced and sold in a month, in order to break even?
a)57
B)65
c)30
d)55
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started