company produces a certain commodity. The labor and material cost for each item produce is P112. Other variable cost is P67 per unit. The fixed monthly cost is P316,000. If each item is to be sold at P425, determine the number of units that must be produced per month in order to break-even.
company produces a certain commodity. The labor and material cost for each item produce is P112. Other variable cost is P67 per unit. The fixed monthly cost is P316,000. If each item is to be sold at P425, determine the number of units that must be produced per month in order to break-even.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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A company produces a certain commodity. The labor and material cost for each item produce is P112. Other variable cost is P67 per unit. The fixed monthly cost is P316,000. If each item is to be sold at P425, determine the number of units that must be produced per month in order to break-even.
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