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Finance : Break-Even Point

A company manufactures teddy bears.They have total fixed costs of $232,548.996 in the production of bears. The selling price of each bear is $19.16.The variable cost per bear is $15.15. What is the break even point in number of bears?
a.60,100 b.61,233 c.32,455 d.57,993 e.not given

Solution Preview

This type of problem is vey easy. The break even point is where the total cost (Fixed cost + Variable cost) is equal to the total ...

Solution Summary

A break-even point is calculated. The solution is detailed.

$2.19