A Wilson company sells one of its products for $10.60 per unit. Its fixed costs are $1,106.00
Question:
A Wilson company sells one of its products for $10.60 per unit. Its fixed costs are $1,106.00 per month, and the variable cost per unit is $2.70.
(a) The contribution margin per unit is $ (rounded to the nearest cent).
(b) The break-even volume, i.e., the level of output at break-even, is units per month.
(c) The profit at a monthly output level of 281 units is $ (rounded to the nearest cent).
2) The cost to print a bag for a conference is $20 for the printing setup fee and $10 per bag. You plan to sell them for $15 each.
A) Write an equation for the total cost and total revenue if you produce and sell xx bags.
If the selling price per unit is $100, and the variable cost per unit is $20:
(a) What is the break-even point?
(b) What are the fixed costs? $
(c) If the maximum production capacity of the commodity is 110, express the break-even units as a percent of capacity?
(d) What color is the Total Cost Line?
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds