A division of Carter Enterprises produces income tax apps for smart phones. Each income tax app sells

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A division of Carter Enterprises produces income tax apps for smart phones. Each income tax app sells for $8. The monthly fixed costs incurred by the division are $25,000, and the variable cost of producing each income tax app is $3.
a. Find the break-even point for the division
b. What should be the level of sales in order for the division to realize a 15% profit over the cost of making the income tax apps?
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Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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