Question: Break Even Analysis: Fixed monthly cost: $8000 Variable cost: $65 Selling price: $180 Monthly break even volume: 70 units Mean: 90 units Standard deviation: 30

Break Even Analysis:

Fixed monthly cost: $8000

Variable cost: $65

Selling price: $180

Monthly break even volume: 70 units

Mean: 90 units

Standard deviation: 30 units

1. Determine the probability that the company will break even?

2. Determine the probability that the company will make a profit of 8,000 or more per month.

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