Your small toy manufacturing facility has the following information:Revenue per toy$2.29Fixed costs$18,000Material cost per toy$0.375Electricity cost per toy$0.019Labor cost per toyBreak Even is defined as RevenueTotal Cost%3DGiven that we will sell 15,000 toys, what must the Labor cost per toy be to breakeven?

Answered: Your small toy manufacturing facility…

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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