A start-up company has the following expenses: Rent = $1,100 Utilities = $265 Material and assembly $12.65/unit !! Monthly labor 5625 If its product sells for $29.99/unit, how many units must it sell to break even? A) 115 units B) 3 units

A start-up company has the following expenses: Rent = $1,100 Utilities = $265 Material and assembly $12.65/unit !! Monthly labor 5625 If its product sells for $29.99/unit, how many units must it sell to break even? A) 115 units B) 3 units

Name: A start-up company has the following expenses:Rent = $1,100Utilities
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Description: A start-up company has the following expenses:Rent = $1,100Utilities = $265Material and assembly = $12.65/unitMonthly labor = 5625If its product sells for 529.99/unit how many units must it sell to break even?A115 units3 units79 units36 units

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

A start-up company has the following expenses:
Rent = $1,100
Utilities = $265
Material and assembly = $12.65/unit
Monthly labor = 5625
If its product sells for 529.99/unit how many units must it sell to break even?
A
115 units
3 units
79 units
36 units

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