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A business produces and sells small TV sets. The rent and equipment costs $48,000 and the cost to produce one TV set is $65
A business produces and sells small TV sets. The rent and equipment costs $48,000 and the cost to produce one TV set is $65 per unit. The business plans to sell each TV set for $113 per unit. Answer the following questions, and choose the closest answer from the possible choices following each question: What is the fixed cost for the business' operation? What is the variable cost for each TV? What is the break-even quantity of TV sets for the operation? Choose Choose... Choose... If the profit goal is $15,024, how many TV sets would the business need to sell to reach this goal? Choose... What is the contribution margin per unit? Choose... # If the business chooses a price of $80 per unit and estimates that the business can sell 600 units to break even, what is the most she can spend on rent and equipment? Choose
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