What is the break-even quantity? Round your answer to the nearest whole number. boxes If sales last year were 8,000 boxes, what was the net profit? Round your answer to the nearest dollar.
Customary Pricing
There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows:
Multiple Unit Pricing
“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”
The selling price per box for Cynthia's Cookies is $19.86. Fixed costs are $60,000 and the variable cost per box is $10.19.
-
What is the break-even quantity? Round your answer to the nearest whole number.
boxes
-
If sales last year were 8,000 boxes, what was the net profit? Round your answer to the nearest dollar.
$
Trending now
This is a popular solution!
Step by step
Solved in 4 steps with 6 images