A  factory has fixed monthly costs of $32,000.  Each product costs $6 in variable costs.  During the month the company sold 12,000 products at $10 each.  What is the profit for each item?  $ (blank) What is the break even point production amount?   (blank) What was the profit or loss during the month?  $ (blank)

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter10: Short-term Decision Making
Section: Chapter Questions
Problem 14MC: A company produces two products. E and F in batches of 100 units. The production and cost data are:...
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A  factory has fixed monthly costs of $32,000.  Each product costs $6 in variable costs.  During the month the company sold 12,000 products at $10 each. 

What is the profit for each item?  $ (blank)

What is the break even point production amount?   (blank)

What was the profit or loss during the month?  $ (blank)

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