The Willow Furniture Company produces tables. The fixed monthly cost of production is $8,000, and the variable

Question:

The Willow Furniture Company produces tables. The fixed monthly cost of production is $8,000, and the variable cost per table is $65. The tables sell for $180 apiece.
a. For a monthly volume of 300 tables, determine the total cost, total revenue, and profit.
b. Determine the monthly break-even volume for the Willow Furniture Company.