Janetteacher5
Aug 15, 2010, 03:44 PM
I came across this in one of my text books which I don't have the answer for:
A company makes a single widget and sells it for $20 per unit. The company's annual fixed expenses are $1,500 and the variable expenses of manufacturing and selling the widget are $15 dollars. How do we come up with the break even point in terms of Sales Dollars?
A company makes a single widget and sells it for $20 per unit. The company's annual fixed expenses are $1,500 and the variable expenses of manufacturing and selling the widget are $15 dollars. How do we come up with the break even point in terms of Sales Dollars?