You own a small manufacturing business that produces widgets. You have spent $150,000 acquiring the fixed assets
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You own a small manufacturing business that produces widgets. You have spent $150,000 acquiring the fixed assets you need to produce widgets. Each widget costs you $2 to make and they sell for $15 each, so your variable cost is 13.3% of the overall revenue.
At your current level of operating leverage, how many widgets must you sell to break even?
Related Book For
International Business The Challenges of Globalization
ISBN: 978-0133063004
7th edition
Authors: John J. Wild, Kenneth L. Wild
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