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Question 11: A production manager collects the following information for a product that will be manufactured for the next three years: Yearly sales 1200 units/year

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Question 11: A production manager collects the following information for a product that will be manufactured for the next three years: Yearly sales 1200 units/year Sales price- $100/unit Variable Cost $40/unit Initial investment $20,000 Yearly fixed costs $50,000 How many units must be produced before the company starts making a profit? Develop graphs showing the variable costs, fixed costs, total costs and revenue as functions of the quantity of items produced

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