Question: PLEASE your help with question 2 and 3! 2) if a company has fixed costs of $40,000 and variable costs of $5 per unit, and

PLEASE your help with question 2 and 3! PLEASE your help with question 2 and 3! 2) if a company

2) if a company has fixed costs of $40,000 and variable costs of $5 per unit, and plans on selling their product for $15 each, what is their break even point? 3) a company has fixed costs of $50,000 and variable costs of $2 per item. What will happen to the break even point if they lower their fixed costs to $30,000 and increase their variable cost to $3 per item? Assume the sales price per item is $6. Which situation is better for the economy if the economy is predicted to be weak in the near future

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!