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ikrabbe ikrabbe
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6 years ago
A pen manufacturer makes luxury pens. The pen case costs $7.26 each, the ink holder costs $1.26 each, the spring costs $.07 each and the velvet pen case costs $0.91 each. The plant has general and administrative costs of $55 000 and fixed selling expenses of $37 500. The pens sell of $39.95 each. Plant capacity is 4 000 pens per period. At what percentage of capacity is the break-even point?
A) 75.95%
B) 73.74%
C) 75.77%
D) 61.32%
E) 30.79%
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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rmaccararmaccara
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6 years ago Edited: 2 years ago, bio_man
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