A furniture company makes tables and chairs

Management Studies

A furniture company makes tables and chairs - always 6 chairs to each table. The variable cost per table is $40 and that per chair is $10; the selling prices are $60 and $15 respectively. The fixed cost of equipment is $4,000. How many tables must be made to break even? Response Feedback: Let x tables be made. Cost = 4000 + 40x + 6x *10 (for each table, 6 chairs must be made, so for x tables, 6x chairs are made) revenue = 60x + 6x * 15

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92030355

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