Olfert Greenhouses has compiled the following estimates for operations.
Sales $150 000
Fixed cost $45 200
Variable costs 67 500 112 700
Net income $37 300
Capacity is a sales volume of $175 000.
Perform a break-even analysis showing
a) an algebraic statement of
(i) the revenue function;
(ii) the cost function;
b) a detailed break-even chart.

Question

Quizplus · Accepted Answer

The Answer of Olfert Greenhouses has compiled the following estimates for operations.
Sales $150 000
Fixed cost $45 200
Variable costs 67 500 112 700
Net income $37 300
Capacity is a sales volume of $175 000.
Perform a break-even analysis showing
a) an algebraic statement of
(i) the revenue function;
(ii) the cost function;
b) a detailed break-even chart.

Olfert Greenhouses Has Compiled the Following Estimates for Operations