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The owner of a company is contemplating adding new line of pies. Which will require leasing new equipment for a monthly payment of $6,000, variable cost would be $2 per pie, and pies would retail for $7each.

a. How many pies must be sold in order to break even?

b. What would the profit(loss) be if 1,000 pies are made and sold in a month?

c. How many pies must be sold to realize a profit of $4,000?

d. If 2,000 can be sold and a profit target is $ 5,000, what price should be charged per pie?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92505506

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