You are considering starting your own home-based business. After a lot of research, you have gathered the following financial information: Tablet $214.48 per month Office Furniture $186.67 per month Business License and Permits $27.00 per month Wages $30.00 per hour Utilities $0.20 per hour Identify the fixed and variable costs from the above expense sheet. Based on industry response rates, your research shows that generating and fulfilling sales of 430 units involves 80 monthly work hours.

Calculate the monthly total fixed costs (TFC) and total variable costs (TVC) to produce the 430 units. (Hint: the 80 hours is only applied to the variable cost, the 430 units is not needed for this calculation. round to the nearest cent). Find the per unit variable cost (VC) using the total variable cost from part C. Hint: divide by 430 and round to the nearest cent). 

Construct the linear cost equation using the format: y= mx b, using the total fixed cost and per unit variable cost. 

Construct the revenue equation using $15 as the selling price per unit. 

Determine the number of units and cost needed to break even (round to the nearest whole number for units and the nearest

Answer rating: 100% (QA)

Cost Analysis and BreakEven Point Calculation Fixed Costs FC Business License and Permits 2700 per m... View the full answer