If a firm can sell a product for $40 each, then what is the volume needed to break-even if the fixed cost of production is $125,000 and labour and material costs are $30 per item?
A) 125,000
B) 12,500
C) 4,167
D) 3,250
Correct Answer:
Verified
Q40: Steel,paper,paints,and chemicals are examples of products that
Q42: Technology decisions typical in operations management include
Q43: The product-process matrix includes all the following
Q43: What is a process strategy and how
Q51: All the following are factors influencing the
Q54: A company is considering producing an item
Q71: A company is evaluating which of two
Q78: A company is evaluating which of two
Q80: A company is evaluating which of two
Q81: Explain the design and function of process
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents