An investment proposal will have annual fixed costs of $60,000,variable costs of $35 per unit of output,and revenue of $55 per unit of output.
(i)Determine the break-even quantity.
(ii)What volume of output will be necessary for an annual profit of $60,000?

Question

Quizplus · Accepted Answer

The Answer of An investment proposal will have annual fixed costs of $60,000,variable costs of $35 per unit of output,and revenue of $55 per unit of output.
(i)Determine the break-even quantity.
(ii)What volume of output will be necessary for an annual profit of $60,000?

An Investment Proposal Will Have Annual Fixed Costs of $60,000,variable