A manufacturing company has to produce and sell 226 items every month to break even. The company's fixed costs are $2,290.50 per month and variable costs are $12.00 per item. a. What is the total revenue at the break-even point? Round to the nearest cent b. What is the selling price per item? Round to the nearest cent
A manufacturing company has to produce and sell 226 items every month to break even. The company's fixed costs are $2,290.50 per month and variable costs are $12.00 per item. a. What is the total revenue at the break-even point? Round to the nearest cent b. What is the selling price per item? Round to the nearest cent
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A manufacturing company has to produce and sell 226 items every month to break even. The company's fixed costs are $2,290.50 per month and variable costs are $12.00 per item.
a. What is the total revenue at the break-even point? Round to the nearest cent
b. What is the selling price per item? Round to the nearest cent
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