Everclean Company cleans draperies. It charges $75 to clean a full-size drape, and its variable and fixed costs are $40 per drape and $8,000 per year, respectively. Given this data, how many drapes must the company clean to make $50,000 profit?
A) 967
B) 1,657
C) 2,000
D) 2,320
Correct Answer:
Verified
Q66: A firm will break even when:
A) Revenues
Q67: Q68: Given the equation $500X = $300X + Q69: Exhibit 21-4 Cash2U Company had the following Q70: Which of the following is NOT true Q72: If variable costs are $46 per unit, Q73: A company that has a per-unit contribution Q74: The equation for computing the break-even point Q75: Exhibit 21-4 Cash2U Company had the following Q76: Given the equation $500X = $300X +
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