Part C. Denair Fine Wines, Inc., is planning to bring out a higher-quality wine product than any currently available in Stanislaus County. They've decided on selling the blended, fortified wine in 750 ml bottles under the name "Chateau St. Stanislaus Moondoggie Reserve" and is aiming at introducing the product at this year's Graffiti Week celebration at a unit price of $6.99. Bottles cost 15 cents apiece, the screw caps 3 cents apiece, the raw grape juice can be purchased in any quantity at 12 cents per liter, fermentation for one week in Tupperware casks will cost 2 cents per liter, and packing and shipping to the event will cost 20 cents per bottle. All overhead and salary for the project amounts to $8750. How many bottles do they need to sell to breakeven?

Part C. Denair Fine Wines, Inc., is planning to bring out a higher-quality wine product than any currently available in Stanislaus County. They've decided on selling the blended, fortified wine in 750 ml bottles under the name "Chateau St. Stanislaus Moondoggie Reserve" and is aiming at introducing the product at this year's Graffiti Week celebration at a unit price of $6.99. Bottles cost 15 cents apiece, the screw caps 3 cents apiece, the raw grape juice can be purchased in any quantity at 12 cents per liter, fermentation for one week in Tupperware casks will cost 2 cents per liter, and packing and shipping to the event will cost 20 cents per bottle. All overhead and salary for the project amounts to $8750. How many bottles do they need to sell to breakeven?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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