The fixed and the variable costs to produce an item are given along with the price at which an item is sold. How many items must be sold to breal-even? Fixed cost: $330,000 Variable cost per item: $5 Price at which the item is sold: $60

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter19: Pricing Concepts
Section: Chapter Questions
Problem 6DRQ
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The fixed and the variable costs to produce an item are given along with the price at which an item is sold. How many items must be sold to breal-even?

Fixed cost: $330,000

Variable cost per item: $5

Price at which the item is sold: $60

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