A toy manufacturing company makes dolls that sell for $15. It costs $7 to make each doll. The total .... Question from @rmolinap2006

rmolinap2006 @rmolinap2006

October 2023 1 13 Report

A toy manufacturing company makes dolls that sell for $15. It costs $7 to make each doll. The total fixed cost is $420. How many dolls must they sell to break even?

a)50
b)53
c)51
d)52

sovigogup5wydp

Respuesta:

b) 53

Explicación:

15q - 7q = 420

8q = 420

q = 420 / 8

q = 52.5

q = 53

i hope it helps you...

1 votes Thanks 1

rmolinap2006 You will have 1 worker who earns the minimum wage. Rent is $250. Monthly insurance is $60. Internet is $25. Your competitors’ prices are $14 - $17. Rent includes water and power.

rmolinap2006 You purchase t-shirts for $7. The amount of paint for each t-shirt costs 50 cents. You take ½ hour to paint each shirt and the value of your time is $10 per hour. Each hanger costs 25 cents.

rmolinap2006 b. Determine your fixed costs

d. Determine the units to break even if you add a markup of 60%.
a)96
b)94
c)92
d)90

a. Determine your variable costs

c. Do you think a markup of 65% on cost is a good idea? Why or why not?

sovigogup5wydp Sorry, i'm busy. Good luck.

rmolinap2006 so the 3 first paragraphs are like the situation and the text so you can resolve the questions

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