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A firm manufactures a product that sells for $11 per unit. Variable cost per unit is $6 and fixed cost per period is $1500. Capacity
A firm manufactures a product that sells for $11 per unit. Variable cost per unit is $6 and fixed cost per period is $1500. Capacity per period is 500 units. Perform a break-even analysis showing a detailed break-even chart. Find the revenue function, TR. TR= (Type an expression using x as the variable. Do not include the $ symbol in your answer.) Find the cost function, TC. TC = (Type an expression using x as the variable. Do not include the $ symbol in your answer.) Compute the break-even point in units. The break-even point is units. (Round up to the nearest whole number.) Find the break-even point in sales dollars. The break-even point in sales dollars is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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