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Question 5 Answer the question below using the following information: Rent: $30,000 Factory Machine Setup: $150,000 Manager's Salaries: $75,000 Advertising: $10,000 5 pts Production
Question 5 Answer the question below using the following information: Rent: $30,000 Factory Machine Setup: $150,000 Manager's Salaries: $75,000 Advertising: $10,000 5 pts Production Cost: $10 per unit Sales Price to Retailers: $20 per unit Using the information above, calculate the break even amount of revenue for the product (i.e., how much revenue will be earned when the break even # of units is sold). Enter a number below. Note: Although your calculation should yield a dollar amount here, you do not need to enter the $ sign itself in the answer box below (just enter the number).
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