A manufacturer of fidget spinners has a variable cost of $5 per unit and a fixed cost of $800,000. The manufacturer estimates that it can sell 20,000 units of fidget spinners in the first year. How much price should the manufacturer charge if it wants to break-even in the first year?

Answer rating: 100% (QA)

To break even the total revenue from selling fidget spinners needs to cover both the variable costs ... View the full answer