Question
Q1- If Albert sells Swiss Watches, Each Watch costs Albert $80 for the components, He sells each watch for $100 The monthly rent and salaries
Q1- If Albert sells Swiss Watches, Each Watch costs Albert $80 for the components, He sells each watch for $100 The monthly rent and salaries for Alert shop is $12000. Then Find:
a) What is the profit if Albert sells 570 watches?
b) What is the cost if Albert sells 700 Watch?
c) What is the break-even point for Alpert?
d) Calculate the revenue, the variable cost, and the total cost if Albert sells 750 watches?
e) If Albert expects only to sell 500 watch per month, what is the selling price that would make him break-even by selling this number of units?
f) What is the break-even point for Albert If Each watch costs $80, He sells each unit for $80 The monthly rent and salaries for him is $12000?
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