A producer of pottery is considering the addition of a new, Ask an Expert

Management Studies

A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists.

The primary location being considered will have fixed costs of $9,200 per month and variable costs of 70 cents per unit produced.

Each item is sold to retailers at a price that averages 90 cents. Explain and please provide the excel formulas.

a) What volume per month is required to break even?

b) What profit would be realized on a monthly volume of 61,000 units? 87,000 units?

c) What volume is needed to obtain a profit of $16,000 per month?

d) What volume is needed to provide a revenue of $23,000 per month?

e) Plot the total cost and total revenue lines.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92760588

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