Question
A company manufactures dog leashes that sell for $18.48, including shipping and handling. The monthly fixed costs (advertising, rent, etc.) are $23,200 and the variable
A company manufactures dog leashes that sell for $18.48, including shipping and handling. The monthly fixed costs (advertising, rent, etc.) are $23,200 and the variable costs (materials, shipping, etc.) are $6.8 per leash. How many leashes must be produced and sold each month for the company to break even?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Since Break even point is the point at which total cost and total revenue are equal Now ...
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College Mathematics for Business Economics Life Sciences and Social Sciences
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
12th edition
321614003, 978-0321614001
