Hitech Radio Inc. manufactures one type of radio. The average

selling price is $$116$ per radio. The average variable cost amounts

to $$61$ per radio $.$ The company's fixed costs are $$30,000$ per

month.Do not enter dollar signs or commas in the input boxes.

Round the units to the highest whole number.

a$)$ Calculate the monthly volume sales needed to break$-$even.

Break$-$Even Point $($Units$)$:$$Answer

b$)$ Determine the break$-$even point in sales dollars.

Break$-$Even Point $($Dollars$)$: $Answer

c$)$ If the company's current monthly sales amount is $$124,000,$ what

is the margin of safety in dollars and in units?

Margin of safety $($$$)$: $Answer

Margin of safety $($units$)$:$$Answer

Answer rating: 100% (QA)

a To calculate the monthly volume sales needed to break even we can use the formula Breakeven point ... View the full answer