Problem 7-13 (Algo)Owen Conner works part-time packaging software for a local distribution company in Indiana. The annual fixed cost is $15,000 for thisprocess, direct labor is $4.00 per package, and material is $4.75 per package. The selling price will be $15.00 per package.a. How much revenue do we need to take in before breaking even? (Round your answer to the nearest dollar amount.)Break-even pointb. What is the break-even point in units? (Do not round intermediate calculations. Roundup your answer to the next whole number.)Break-even pointunits

The Breakeven Point is that level of sales at which there is no profit no loss. In other words it is…

Answered: Problem 7-13 (Algo) Owen Conner works…

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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