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Determine the breakeven point in the following problems. As a reference to this concept you can review Module 1. (5 pts. Each) The fixed costs
Determine the breakeven point in the following problems. As a reference to this concept you can review Module 1. (5 pts. Each) The fixed costs for producing a certain item are $ 4403 per month and the variable costs are $ 4.50 per unit. If the producer sells each of the items for $ 8, determine and explain the balance point. The cost to produce "x" items is given by y_c = 2.8x + 1617, where y_c is the total cost to produce "x" items. Each "x" item produced sells for $ 7. Find the point of balance. (2 pts.) If it is known that at least 175 units will be sold, what should be the price set for each item to ensure there are no losses? (3 pts.) The cost of producing "x" items per month is given by C (x) = $ 1,800 + $ 6x If each item can be sold for $ 9, Determine the breakeven point. (2 pts.) If the manufacturer can reduce variable costs to $ 4 per item by increasing fixed costs to $ 2,425 a week, will it be convenient to do so? (3 pts.)
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