A-A company is producing a product for selling price of $5000, while incurs the following costs: Rent:
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Question:
A-A company is producing a product for selling price of $5000, while incurs the following costs:
Rent: $1500, shipping $1000, raw material $2200, packaging $300, insurance $2000, fixed salaries $1500, manufacturing electricity $1000, advertising 3000
Calculate the break-even in unites. Show your calculations? (15 marks)
B-Choose a company from your local market and identify the fixed and variable costs as examples from the chosen company? (10 marks)
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