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    Finance : Break-Even Point

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    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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    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.