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City University Of New York Operations And Supply Chain Management Assignment Help - break even in dollars


Question - Hello, I keep getting the wrong answer. Please help. I get 8,048,290. What am I doing wrong?


Piedmont Fasteners Corporation makes three different clothing fasteners in its manufacturing facility
in North Carolina. Data concerning these products appear below:


Velcro Metal Nylon
Normal annual sales volume 100,000 200,000 400,000
Unit selling price $1.65 $1.50 $0.85
Variable cost per unit $1.25 $0.70 $0.25

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Total fixed expenses are $400,000 per year.
All three products are sold in highly competitive markets, so the company is unable to raise its prices
without losing unacceptable numbers of customers.

The company has an extremely effective ...Read More

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