Regrind, Inc. regrinds used typewriter platens. The cost per platen is $2.30. The fixed cost to sells the reground platens for $ run the grinding machine is $162 per day. If the company 4.30, how many must be reground daily to reach the break-even point?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 12EA: Markson and Sons leases a copy machine with terms that include a fixed fee each month of $500 plus a...
icon
Related questions
Question
321 3089 .E noitesh
3) Regrind, Inc. regrinds used typewriter platens. The cost per platen is $2.30. The fixed cost to
run the grinding machine is $162 per day. If the company sells the reground platens for $
4.30, how many must be reground daily to reach the break-even point?
Transcribed Image Text:321 3089 .E noitesh 3) Regrind, Inc. regrinds used typewriter platens. The cost per platen is $2.30. The fixed cost to run the grinding machine is $162 per day. If the company sells the reground platens for $ 4.30, how many must be reground daily to reach the break-even point?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College