A manufacturer of Compact Discs (CDs) has a fixed cost of $ 15,000 and variable cost of
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Question:
A manufacturer of Compact Discs (CDs) has a fixed cost of $ 15,000 and variable cost of $11 per CD made. Selling price is $16 per CD.
I.Find the revenue, cost and profit functions?
II.What is the profit if 5555 CDs are made and sold?
III.What is the profit if 2999 CDs are made and sold?
IV.At what number of CDs made and sold will the manufacturer break-even?
V.At what sales volumes (revenue) will the break-even occur?
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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