The company sells two types of hats: knit and hard Knit sells at $15 a hat with a $5 variable cost Hard sells at $25 a hat with $10 variable cost Knit hats comprise 80% of all sales Fixed costs are $22,000 How many Knit hats & Hard hats must be sold to break even?
The company sells two types of hats: knit and hard Knit sells at $15 a hat with a $5 variable cost Hard sells at $25 a hat with $10 variable cost Knit hats comprise 80% of all sales Fixed costs are $22,000 How many Knit hats & Hard hats must be sold to break even?
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 6MC: If a company has fixed costs of $6.000 per month and their product that sells for $200 has a...
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The company sells two types of hats: knit and hard
Knit sells at $15 a hat with a $5 variable cost
Hard sells at $25 a hat with $10 variable cost
Knit hats comprise 80% of all sales
Fixed costs are $22,000
How many Knit hats & Hard hats must be sold to break even?
Please be detailed that I might study the process.
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