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
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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.
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