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Sheridan's sells two products, a pepper relish with a selling price of $4.55 and a variable cost per jar of $1.95 and a blackberry marmalade
Sheridan's sells two products, a pepper relish with a selling price of $4.55 and a variable cost per jar of $1.95 and a blackberry marmalade with a selling price of $4.55 and a variable cost per jar of $1.85. Sheridan's expected sales are 920 jars of pepper relish and 1380 jars of blackberry marmalade. Fixed expenses are $7836. At what volume of sales dollars will Sheridan's break-even?
a) 10,465
b) cannot be determined from the information provided
c) 7,836
d) 13,404
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