Concept explainers
Manufacturing Caps. Martina’s Custom Printing is adding painter’ caps to its product line. For the first year, the fixed costs for setting up production are $16,404. The variable costs for producing a dozen caps are $6.00. The revenue on each dozen caps will be $18.00. Find the following.
The total cost
The total revenue
The total profit
The profit to loss from the production and sale of 3000 dozen caps; of 1000 dozen caps
The break-even point
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