You want to establish your own business and are thinking about releasing a new Customers will pay P150 for it, according to market research, and your sales team believes they can sell at least 1,000 units every month. The equipment you'll need to make the product will require a monthly fixed cost of P400,000 and lease of facility at P500,000.Costs of producing the product are direct labor P20, direct mate1ials Pl5, shipping P5 and sales commission PlO. What is the breakeven point? Will this be a profitable venture? Justify you answer
You want to establish your own business and are thinking about releasing a new Customers will pay P150 for it, according to market research, and your sales team believes they can sell at least 1,000 units every month. The equipment you'll need to make the product will require a monthly fixed cost of P400,000 and lease of facility at P500,000.Costs of producing the product are direct labor P20, direct mate1ials Pl5, shipping P5 and sales commission PlO. What is the breakeven point? Will this be a profitable venture? Justify you answer
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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- You want to establish your own business and are thinking about releasing a new Customers will pay P150 for it, according to
market research , and your sales team believes they can sell at least 1,000 units every month. The equipment you'll need to make the product will require a monthly fixed cost of P400,000 and lease of facility at P500,000.Costs of producing the product are direct labor P20, direct mate1ials Pl5, shipping P5 and sales commission PlO. What is the breakeven point? Will this be a profitable venture? Justify you answer
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