Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

CD Solutions Ltd. manufactures and replicates CDs for software and music recording companies. CD Solutions sells each disc for $4.30. The variable costs per disc

image text in transcribed
CD Solutions Ltd. manufactures and replicates CDs for software and music recording companies. CD Solutions sells each disc for $4.30. The variable costs per disc are $2.30. a. To just break even, how many CDs must be sold per month if the fixed costs are $53,000 per month? Number of CDs per month b. What must sales be in order to have a profit of $8,800 per month? Sales CDs per month c. What will their profit be if they have total revenue of $146,200 per month? Profits per month d. How many CDs would have to be sold per month to break even if they increased their selling price to $4.80 each? Break even CDs

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Making Sense Of Audit Business Side Of General Practice

Authors: Donald Sal Irvine

1st Edition

1870905121, 978-1870905121

More Books

Students also viewed these Accounting questions