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You decide you would like to open up your own store selling windows to the home construction market. You decide you will call the company It's a pane but somebody's got to do it! Ltd. As the economy is strong, you are forecasting sales of over 1,166 windows over the next year. You determine that your fixed costs over this term will total $136,409.51. This includes rent, insurance costs, and interest costs. You are expecting to have an average selling price of $379.61 per window. The average cost to make one window is $54.95. How many windows will you need to sell within the year to make back your total cost? (Round up your answer to the next whole number.) Number of windows sold within one year: Numeric Response

You decide you would like to open up your own store selling windows to the home construction market. You decide you will call the company It's a pane but somebody's got to do it! Ltd. As the economy is strong, you are forecasting sales of over 1,166 windows over the next year. You determine that your fixed costs over this term will total $136,409.51. This includes rent, insurance costs, and interest costs. You are expecting to have an average selling price of $379.61 per window. The average cost to make one window is $54.95. How many windows will you need to sell within the year to make back your total cost? (Round up your answer to the next whole number.) Number of windows sold within one year: Numeric Response

Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter5: Investment Decisions: Look Ahead And Reason Back
Section: Chapter Questions
Problem 5.2IP
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You decide you would like to open up your own store selling windows to the home construction market. You decide you will call the company It's a pane, but somebody's got to do it! Ltd. As the economy is strong, you are forecasting sales of over 1,166 windows over the next year. You determine that your fixed costs over this term will total $136,409.51. This includes rent, insurance costs, and interest costs. You are expecting to have an average selling price of $379.61 per window. The average cost to make one window is $54.95. How many windows will you need to sell within the year to make back your total cost? (Round up your answer to the next whole number.) Number of windows sold within one year: Numeric Response
Transcribed Image Text:You decide you would like to open up your own store selling windows to the home construction market. You decide you will call the company It's a pane, but somebody's got to do it! Ltd. As the economy is strong, you are forecasting sales of over 1,166 windows over the next year. You determine that your fixed costs over this term will total $136,409.51. This includes rent, insurance costs, and interest costs. You are expecting to have an average selling price of $379.61 per window. The average cost to make one window is $54.95. How many windows will you need to sell within the year to make back your total cost? (Round up your answer to the next whole number.) Number of windows sold within one year: Numeric Response
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