Priest and Sons, a Local Manufacturer of a Product That

question 22

Essay

Priest and Sons, a local manufacturer of a product that sells for $13.50 per unit. Variable cost per unit is $7.85 and fixed cost per period is $1 220. Capacity per period is 1100 units.
Perform a break-even analysis showing
a)an algebraic statement of
(i)the revenue function;
(ii)the cost function;
(iii)calculate the break-even point in units.
b)a detailed break-even chart.

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