Based on market research, the selling price of a new product is expected to be $85.00 per
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Based on market research, the selling price of a new product is expected to be $85.00 per unit.
Variable manufacturing cost is expected to be $35.00 per unit and variable selling expense is expected to be $15.00 per unit. Fixed costs are estimated to be $1260.00 per annum. The capacity is 100 units for the year.
Let x be the number of new product produced and sold. Perform a break-even analysis.
1. Provide an algebraic function of the revenue function
2. The total cost function
Related Book For
Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
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