A manufacturing company leases for 100,000.00 dollars/ year a building that houses its manufacturing facilities....
70.2K
Verified Solution
Link Copied!
Question
Accounting
A manufacturing company leases for 100,000.00 dollars/ year a building that houses its manufacturing facilities. In addition, the machinery in the building being paid for installments of 20,000.00 dollar/year. Each unit of the product produced cost 15 dollars in labor and 10 dollars in materials and can be sold for 40 dollars. a) How many units per year must be sold for the company to break even. b) If 10,000 units per year are sold, what is the annual profit? c) If the selling price is lowered to 33 dollars, how many units must be sold each year for the company to earn a profit of 60,000 dollars/year.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
