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 $0.11 Break Even is defined as Revenue = Total Cost What is the quantity of toys that must be sold to break even?

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 $0.11 Break Even is defined as Revenue = Total Cost What is the quantity of toys that must be sold to break even?

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter14: Capital Structure Management In Practice

Section14.A: Breakeven Analysis

Problem 7P

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