Units Fixed Cost Variable Cost Total Cost Profit 250,000.00 250,000.00 100.00 250,000.00 200,000.00 450,000.00 450,000.00 200.00 250,000.00 400,000.00 650,000.00 900,000.00 300.00 250,000.00 600,000.00 850,000.00 1,350,000.00 400.00 250,000.00 800,000.00 1,050,000.00 1,800,000.00 500.00 250,000.00 1,000,000.00 1,250,000.00 2,250,000.00

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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i. How small can the price for selling each
clock be before the grandfather clocks cease
to be profitable?
Transcribed Image Text:i. How small can the price for selling each clock be before the grandfather clocks cease to be profitable?
Units
Fixed Cost
Variable Cost
Total Cost
Profit
250,000.00
250,000.00
100.00
250,000.00
200,000.00
450,000.00
450,000.00
200.00
250,000.00
400,000.00
650,000.00
900,000.00
300.00
250,000.00
600,000.00
850,000.00
1,350,000.00
400.00
250,000.00
800,000.00
1,050,000.00
1,800,000.00
500.00
250,000.00
1,000,000.00
1,250,000.00
2,250,000.00
Transcribed Image Text:Units Fixed Cost Variable Cost Total Cost Profit 250,000.00 250,000.00 100.00 250,000.00 200,000.00 450,000.00 450,000.00 200.00 250,000.00 400,000.00 650,000.00 900,000.00 300.00 250,000.00 600,000.00 850,000.00 1,350,000.00 400.00 250,000.00 800,000.00 1,050,000.00 1,800,000.00 500.00 250,000.00 1,000,000.00 1,250,000.00 2,250,000.00
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