Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The 2 budding entrepreneurs armed with grit and determination plus their never- say-die-can-do atude, rinally decided to pursue their life-long dream to be their own
The 2 budding entrepreneurs armed with grit and determination plus their never- say-die-can-do atude, rinally decided to pursue their life-long dream to be their own bosses. They decided to open an online store with a unique twist, a device which promised to let you focus in whatever you are doing
- The cost of each device is comprised of the following:
- Selling price of $1,000 and
* variable (flexible) costs of $400.
- Total fixed (capacity-related) costs for the business would be $90,000.
- What is the contribution marain de
- What is the total profit when 200 devices are sold?
- How many devices must they sell to reach the breakeven point?
- How many devices must they sell to yield of $60,000?
5. Do you think there is such as device to let you focus?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started