An investment proposal will have yearly fixed costs of $60,000, variable expenses of $35 per unit of output, and revenue of $55 per unit of output.
(A) Determine the break-even quantity _________.
(B) What volume of output will be necessary for an annual profit of $60,000 _____?
* What is the break-even quantity for the following situation?
FC = $1,200 per week
VC = $2 per unit
Rev = $6 per unit
A) 100
B) 200
C) 600
D) 1,200
E) 300