Break Even is defined as Revenue = Tolal Cost What is the quantity of toys that must be sold to break even?
Break Even is defined as Revenue = Tolal Cost What is the quantity of toys that must be sold to break even?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
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![Your small toy manufacturing facility has the following information:
Revenue per toy
$1.19
Fixed costs
$11,500
Material cost per toy $0.385
Electricity cost per toy $0.034
Labor cost per toy
SO.11
Break Even is defined as Revenue Total Cost
What is the quantity of toys that must be sold to break even?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5cae6091-5f74-45b5-9a4e-8e2e435480a9%2Ff777973c-98a2-454c-bab1-fb4c14eaf067%2F7y5u4n1_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Your small toy manufacturing facility has the following information:
Revenue per toy
$1.19
Fixed costs
$11,500
Material cost per toy $0.385
Electricity cost per toy $0.034
Labor cost per toy
SO.11
Break Even is defined as Revenue Total Cost
What is the quantity of toys that must be sold to break even?
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