A manufacturer of calculators has a fixed cost of $24,000 per month. Suppose that the marginal cost of producing a calculator is $40, and the calculators sell for $115 each. How many calculators must the company produce and sell per month to break-even?

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
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A manufacturer of calculators has a fixed cost of $24,000 per month. Suppose that the marginal cost of producing a calculator is $40, and the calculators sell for $115 each. How many calculators must the company produce and sell per month to break-even?

 Calculate the answer by read surrounding text.  Round to the nearest whole number of calculators.

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