Alpha Foundry Services Incorporated produces a pair of eyebolt and nut at a labor cost of P0.70/pair and material cost of P1.60/pair. The fixed charge on the business is P25,000 a month while the variable cost is P0.50/pair. If the eyebolt and nut is sold at P5.50/pair, how many pairs of eyebolt and nut should be produced each month for the foundry to break-even?

Alpha Foundry Services Incorporated produces a pair of eyebolt and nut at a labor cost of P0.70/pair and material cost of P1.60/pair. The fixed charge on the business is P25,000 a month while the variable cost is P0.50/pair. If the eyebolt and nut is sold at P5.50/pair, how many pairs of eyebolt and nut should be produced each month for the foundry to break-even?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Needed to be solved correctly in 10 minutes and get the thumbs up please show neat and clean work Please do in 10 minutes only
So my t = 12.964 is wrong? How can I be sure that t = 90? Greatly Appreciated!!
Please continue to solve from Part D to Part H. Thank you very much.
please answer the questions on the image attached with work shown, thanks!
An operation with a learning rate of 0.2 takes 5 hours for the first iteration. How long will it take to complete this task for the 2nd time?
what is the terminology for this definition below: Year serving as point of comparison for other years
Is the underground economy being calculated? If so, is there a certain methodology that is being used?
None
Question 1 Cost of a stainless vessel in year 2002 was $33,000. Estimate its cost in year 2016 by using CEPCI data. CEPCI of year 2002 = 395.6; CEPCI of year 2016 = 541.7 Answer