Your small toy manufacturing facility has the following information: Revenue per toy $4.99 Fixed costs $44, 500 Material cost per toy $1.55 Electricity cost per toy S0.058 Labor cost per toy S0.712 Break Even is defined as Revenue = Total Cost What is the quantity of toys that must be sold to break even?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter14: Capital Structure Management In Practice
Section14.A: Breakeven Analysis
Problem 7P
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Your small toy manufacturing facility has the following information: Revenue per toy $4.99 Fixed costs $44, 500 Material cost per toy $1.55 Electricity cost per toy $0.058 Labor cost per toy $0.712 Break Even is defined as
Revenue = Total Cost What is the quantity of toys that must be sold to break even?
Transcribed Image Text:Your small toy manufacturing facility has the following information: Revenue per toy $4.99 Fixed costs $44, 500 Material cost per toy $1.55 Electricity cost per toy $0.058 Labor cost per toy $0.712 Break Even is defined as Revenue = Total Cost What is the quantity of toys that must be sold to break even?
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