Question

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:

Answer 1

Solve the following for n:\[n(9.50-6.25)\text{ = }62150\]\[n = 19123.1\]Fractional kites are not meaningful so 19124 kites is the breakeven point.