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Ivanhoes sells two products, a pepper relish with a selling price of $4.25 and a variable cost per jar of $1.85 and a blackberry marmalade
Ivanhoes sells two products, a pepper relish with a selling price of $4.25 and a variable cost per jar of $1.85 and a blackberry marmalade with a selling price of $4.25 and a variable cost per jar of $1.75. Ivanhoes expected sales are 860 jars of pepper relish and 1290 jars of blackberry marmalade. Fixed expenses are $7326. At what volume of sales dollars will Ivanhoes break-even? 1. $9138 2. $7326 3. cannot be determined from the information provided 4. $12657
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