1. Shock Electronics sells portable heaters for $25 per unit, and the variable cost to produce them is $17. Mr. Amps estimates that the fixed costs are $96,000.
1. Compute the break-even point in units.
2. Fill in the table below (in dollars) to illustrate that the break-even point has been achieved.
Sales $12000.00
-Fixed costs $96,000
-Total variable costs $8.000
Net profit (loss)