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Question 12 of 20 An electronics store sells car stereo systems for $205.00 each. The store has a maximum capacity of selling 1,700 systems and
Question 12 of 20 An electronics store sells car stereo systems for $205.00 each. The store has a maximum capacity of selling 1,700 systems and has variable costs of $66.00 per system and fixed costs of $133,000.00 per year. a. Calculate the break-even point as a percentage of the capacity. % Round to two decimal places b. If the fixed costs are reduced to $65,100.00, find the new break-even point. Round up to the next whole number c. After the decrease in the fixed costs in (b), what quantity should be produced to have a profit of $63,000.00 per year? Round up to the next whole number
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