Ben Kenobi and Baby Yoda are setting up a factory to manufacture greasy gloobers. Their...
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Accounting
Ben Kenobi and Baby Yoda are setting up a factory to manufacture greasy gloobers. Their fixed costs are $287,000 per year. Their unit variable cost is $4 per gloober. A. What selling price(s) should they charge to break-even with sales revenue (not units sold) of $822,000 a year? (3 points) B. At this price how many units should they sell to make a profit of $127,000? (2 points) Hint: Go to basic principles. Show all calculations and the formulae.
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