Owen Conner works part-time packaging software for a local distribution company in Indiana. The annual fixed cost is $10,000 for this process, direct labor is $4.00 per package, and material is $4.75 per package. The selling price will be $12.50 per package. a. How much revenue do we need to take in before breaking even? (Round your answer to the nearest dollar amount.) b. What is the break-even point in units? (Do not round intermediate calculations. Roundup your answer to the next whole number.)

Owen Conner works part-time packaging software for a local distribution company in Indiana. The annual fixed cost is $10,000 for this process, direct labor is $4.00 per package, and material is $4.75 per package. The selling price will be $12.50 per package. a. How much revenue do we need to take in before breaking even? (Round your answer to the nearest dollar amount.) b. What is the break-even point in units? (Do not round intermediate calculations. Roundup your answer to the next whole number.)

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...

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Question

please answer within 30 minutes.

Owen Conner works part-time packaging software for a local distribution company in Indiana. The annual
fixed cost is $10,000 for this process, direct labor is $4.00 per package, and material is $4.75 per package.
The selling price will be $12.50 per package.
a. How much revenue do we need to take in before breaking even? (Round your answer to the nearest
dollar amount.)
b. What is the break-even point in units? (Do not round intermediate calculations. Roundup your answer to
the next whole number.)

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