(Answered) The falcon corporation has the capacity to manufacture

Economics

The Falcon Corporation has the capacity to manufacture 400,000 bird houses per year. At that level of production, its variable costs are $1,000,000 and its fixed costs are $500,000. Budget projections for next year show sales of 300,000 bird houses at $5 each.

1. What is the break-even point for the Falcon Corporation?

2. At 300,000 bird houses, what is the projected profit? Prepare an income statement ro prove your answer.

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Microeconomics, Economics

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