Question
Suppose a chair manufacturer sells 6,000 chairs at $75 each. The firm has the following per chair costs: $29 for materials $19 for labor $4.71
Suppose a chair manufacturer sells 6,000 chairs at $75 each.
The firm has the following per chair costs:
$29 for materials
$19 for labor
$4.71 for shipping
The average fixed costs are $11 other than management salaries.
How much might the firm be able to pay its management and still break even?
Round your answer to the nearest dollar. Do not include dollar signs or commas in your answer.
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Algorithm Audit Why What And How
Authors: Biagio Aragona
1st Edition
0367530929, 978-0367530921
