Question
A machine manufacturer sells each machine for $7,200. The fixed costs are $253,650 per annum, variable costs are $1,650 per machine, and the production capacity
A machine manufacturer sells each machine for $7,200. The fixed costs are $253,650 per annum, variable costs are $1,650 per machine, and the production capacity is 59 machines in a year.
a. What is the break-even volume?
Round up to the next whole number
b. What is the break-even revenue?
Round to the nearest cent
c. What is break-even as a percent of capacity per annum?
%
Round to two decimal places
d.
What is the profit or loss made if 64 machines are sold in a year?
Round to the nearest cent
d. What is the profit or loss made if 64 machines are sold in a year?
Round to the nearest cent
Please answer this asap. Thanks
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