1warner tool company produces class rins to sell to, Ask an Expert

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1).warner tool company produces class rins to sell to collegeand high school students. These rings sell for $75.00 each, andcost $35 each to produce. Warner tool company has fixed costs of$50,000.

a) Calculate warner tool company's breakeven point?

b) How much profit (loss) will warner tool company have if itsells 1,000 rings? 8,000?

c) Warner tools company's president, Dr. John Robinson expectsannual profit of $100,000. How many rings must be sold to attainthis profit?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9991788

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