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Farris Billard Supply sells all types of billard equipment, and is considering manufacturing their own brand pool cues. Mysti Farris, the production manager is currently investigating the production of a standard house pool cue that should be very popular. Upon analyzing the costs, Mysti determines that the material and labour cost for each cueist $25 and the fixed coast that must be covered is $2400 per week. With a selling price of $40 each, how many pool cues must be sold to break even? What will the total revenue be at this break-even point?

 

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Financial Management, Finance

  • Category:- Financial Management
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