Hey guys! New to the site, I have a midterm in 7 hours... This is my problem:
1) The variable-cost of a manufacturing a new product is $150.00 and the total fixed costs for the factory are $100,000. If the marketing department expects to sell 800 units,
A) What price must be charged per unit to just break-even
B) Given new sales estimates are 1,000 what price must be charged to make a profit of 20, 000
Thanks for the help!