You are selling a new line of T-shirts on the boardwalk. The selling price will be $25 per shirt. The labor cost is $5 per shirt. The administrative costs of operating the company are estimated to be $60,000 annually, and the sales and marketing expenses are $20,000 a year. Additionally, the cost of materials will be $10 per shirt.

What is the break-even quantity?

Answer rating: 100% (QA)

The breakeven point in units quantity can be found using th... View the full answer