Top Posters
Since Sunday
New Topic  
Neptunesx101x Neptunesx101x
wrote...
Posts: 120
Rep: 0 0
11 months ago
In the year just ended, a small appliance manufacturer sold its griddle at the wholesale price of $37.50. The unit variable costs were $13.25, and the monthly fixed costs were $5600. a) If unit variable costs are expected to rise to $15.00 and fixed costs to $6000 per month for the next year, at what amount should the griddle be priced in order to have the same break-even volume as last year? b) What should be the griddle's price in order to have the same profit as last year on sales of 300 griddles per month in both years?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 33 times
1 Reply
Replies
Answer verified by a subject expert
onidonid
wrote...
Posts: 144
Rep: 0 0
11 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Neptunesx101x Author
wrote...

11 months ago
Thanks
wrote...

Yesterday
Thanks
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1274 People Browsing
Related Images
  
 336
  
 191
  
 509
Your Opinion
Which is the best fuel for late night cramming?
Votes: 145