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OpenStudy (anonymous):
hi im so confused : Lester Co. produces toys kites. It has a fixed cost of $62,150. If the selling price per unit is $9.50 and the variable cost per unit is $6.25. The breakeven point is:
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OpenStudy (anonymous):
Revenue = 9.5x Cost = 6.25x + 62150 Break even is found where your revenue and cost are equal. So just set the two equations equal to one another.
OpenStudy (anonymous):
9.5x = 6.25x + 62150 Solve for x.
OpenStudy (anonymous):
thank you makes much better sence now
OpenStudy (anonymous):
Anytime. Take care!
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