XCountry Train Inc. specializes in trans-American moves for businesses and individuals through the delivery of containers. For every container the company loads on its trans-American rail, the business must pay the rail owners $8,000. In addition, containers are weighed and for each pound of weight, the company must pay $0.10.  Harry plans to charge $0.50 per pound to his customers. How many pounds would a container have to hold in order for the company to Break Even?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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1– Please complete all work in excel.  Use excel to make the calculations (cells can be clicked on to view any formulas used) and be sure to identify your answer, including units.  You must have an excel file with formulas within the cell.

 

A. XCountry Train Inc. specializes in trans-American moves for businesses and individuals through the delivery of containers. For every container the company loads on its trans-American rail, the business must pay the rail owners $8,000. In addition, containers are weighed and for each pound of weight, the company must pay $0.10.  Harry plans to charge $0.50 per pound to his customers.

    1. How many pounds would a container have to hold in order for the company to Break Even?
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