A manufacturing company pays $16,900 per month for rent and utilities, $47,250 for administrative salaries, $4,300...

Transcribed Image Text:

A manufacturing company pays $16,900 per month for rent and utilities, $47,250 for administrative salaries, $4,300 for insurance costs, and $61,433 for equipment rental. The variable costs are $37 per unit for material and $70.40 per unit for labour. It needs to manufacture and sell 3,550 units to break even. a. What is the selling price per unit? Round to the nearest cent b. What is the total revenue per month to break even? Round to the nearest cent A manufacturing company pays $16,900 per month for rent and utilities, $47,250 for administrative salaries, $4,300 for insurance costs, and $61,433 for equipment rental. The variable costs are $37 per unit for material and $70.40 per unit for labour. It needs to manufacture and sell 3,550 units to break even. a. What is the selling price per unit? Round to the nearest cent b. What is the total revenue per month to break even? Round to the nearest cent

Answer rating: 100% (QA)

To calculate the selling price per unit and total revenue per month to break even well first dete... View the full answer