Question
If Toms Company, a fertilizer producer, has a selling price of $4.00 per fertilizer bag, variable cost of $0.50 per bag of fertilizer, and fixed
If Toms Company, a fertilizer producer, has a selling price of $4.00 per fertilizer bag, variable cost of $0.50 per bag of fertilizer, and fixed cost of $2,100.00. What is the number of fertilizer bags it must sell to break even?
* When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000.00 without any dollar sign.
* Make sure you round your answers to the second decimal places, so if the answer is $10, you should be typing 10.00.
*Do NOT type "Units" to indicate the number of units. You just need to type the numbers ONLY. For example, if your answer is 100 units, you should be typing 100 without any words.
Organ Company has the following information available for the sale of cranberry juice in the month of February.
Selling Price of Each Cranberry Juice Bottle | $6.00 per juice bottle |
Unit Variable Costs | $1.50 per bottle |
Total Fixed Cost | $4,500.00 |
Based on the information above, determine how many units need to be sold to break even and how much is required in sales to break even.
* When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000.00 without any dollar sign.
* Make sure you round your answers to the second decimal places, so if the answer is $10, you should be typing 10.00.
Break-Even Point in Units | Units |
Break-Even Point in Sales | $ |
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