Question
A manufacturing company has to produce and sell 227 items every month to break even. The company's fixed costs are $2,276.50 per month and variable
A manufacturing company has to produce and sell 227 items every month to break even. The company's fixed costs are $2,276.50 per month and variable costs are $12.00 per item.
a. What is the total revenue at the break-even point? Round to the nearest cent
b. What is the selling price per item? Round to the nearest cent
Please Answer this ASAP. Thank you
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
978-0538453257
