Your small toy manufacturing facility has the following information:Revenue per toy$1.19Fixed costs$11,500Material cost per toy $0.385Electricity cost per toy $0.034Labor cost per toySO.11Break Even is defined as Revenue Total CostWhat is the quantity of toys that must be sold to break even?

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Answered: Break Even is defined as Revenue =…

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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Break Even is defined as Revenue = Tolal Cost What is the quantity of toys that must be sold to break even?