Muffin, Inc., located in Nauvoo, Illinois, manufactures high-end trumpets. The firms cost accountant, Lisa, has been assigned by the CEO to determine how many trumpets Muffin, Inc., needs to make and sell in order to break even. She is given the following data: Trumpet sales price . . . . . . . . . . . . . .
Chapter 15, Practice Exercises #25
Muffin, Inc., located in Nauvoo, Illinois, manufactures high-end trumpets. The firm’s cost accountant, Lisa, has been assigned by the CEO to determine how many trumpets Muffin, Inc., needs to make and sell in order to break even. She is given the following data:
Trumpet sales price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,500
Variable cost per trumpet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900
Production worker salary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31,200
Determine how many trumpets Muffin, Inc., needs to make and sell in order to break even.
Trumpet sales price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,500
Variable cost per trumpet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 900
Production worker salary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31,200
Determine how many trumpets Muffin, Inc., needs to make and sell in order to break even.
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Related Book For 
Accounting concepts and applications
11th Edition
Authors: Albrecht Stice, Stice Swain
ISBN: 978-0538745482