Break Even is defined as Revenue = Tolal Cost What is the quantity of toys that must be sold to break even?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Your small toy manufacturing facility has the following information:
Revenue per toy
$1.19
Fixed costs
$11,500
Material cost per toy $0.385
Electricity cost per toy $0.034
Labor cost per toy
SO.11
Break Even is defined as Revenue Total Cost
What is the quantity of toys that must be sold to break even?
Transcribed Image Text:Your small toy manufacturing facility has the following information: Revenue per toy $1.19 Fixed costs $11,500 Material cost per toy $0.385 Electricity cost per toy $0.034 Labor cost per toy SO.11 Break Even is defined as Revenue Total Cost What is the quantity of toys that must be sold to break even?
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