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Suppose Farmer John purchases an additional facility for $2 million in the current operating period in order to expand his pig enterprise. If variable costs
Suppose Farmer John purchases an additional facility for $2 million in the current operating period in order to expand his pig enterprise. If variable costs are 88.34% of pig sales, what is the breakeven sales required to not operate at a loss?
ANSWER = 17,152,658.70
I need the help solving for problem #2 (follow up question)
Continuing from the previous question, suppose Farmer John's actual pig sales were $18 million; what is the contribution to profit of the newly purchased facility?
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