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A machine manufacturer sells each machine for $7,700. The fixed costs are $263,650 per annum, variable costs are $2,200 per machine, and the production capacity
A machine manufacturer sells each machine for $7,700. The fixed costs are $263,650 per annum, variable costs are $2,200 per machine, and the production capacity is 62 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 62 machines are sold in a year?
Round to the nearest cent
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