Given the above information on cost, if you charge $15 per entry, what is the breakeven quantity
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Given the above information on cost, if you charge $15 per entry, what is the breakeven quantity of bags that you should order?Orders must be placed in blocks of 100 bags.
Please select any/all viable approaches below:
Use the profit maximizing rule, MR ? MC, buy 300 bags.
***this is the one I selected, just need to make sure its the best choice.***
Use the profit maximizing rule, MR ? MC, buy 200 bags.
Use Qb = F/(MR-MC) where Qb is the breakeven quantity to be determined, the optimal quantity of bags is 300.
Use Qb = F/(MR-MC) where Qb is the breakeven quantity to be determined, the optimal quantity of bags is 200.
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