Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Assumptions: Fixed cost: $ 6,300.00 Material costs per item: $ 2.25 Labor costs per item: $ 6.50 Shipping costs per 100 items: $ 200.00 Price
Assumptions: | |
Fixed cost: | $ 6,300.00 |
Material costs per item: | $ 2.25 |
Labor costs per item: | $ 6.50 |
Shipping costs per 100 items: | $ 200.00 |
Price per item: | $ 12.99 |
Quantity: | 3300 |
Outputs: | |
Total revenues: | $ 42,867.00 |
Total costs: | $ 41,775.00 |
Total profits: | $ 1,092.00 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started