Question
Vincent toy company makes wooden toys it hopes to sell for $40 each. It calculates its overhead (rent and machines) to be $140, 000 per
Vincent toy company makes wooden toys it hopes to sell for $40 each. It calculates its overhead (rent and machines) to be $140, 000 per month with wood costing about $20 per toy , labour $15 per toy and insurance about $15,000 per month. The company estimates that it can make and sell up to 18, 000 toys each month. Draw and properly label a break-even chart on this situation, including break-even point in units and sales dollars; the lines for Total Revenue and Total Costs, and the Profit and Loss areas.
Explain it clearly and please avoid handwriting
Thank you
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