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Samsung Sell Refrigerators at $900 Per Unit

question 15

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Samsung sell refrigerators at $900 per unit. Their variable cost is estimated to be $550 per unit and their fixed costs are estimated to be $8.75 million per annum. Calculate the minimum number of units, Samsung should produce every year to make a profit?


Definitions:

Mg/dL

Milligrams per deciliter, a unit of measurement commonly used in blood and other bodily fluid analyses to quantify the concentration of substances.

International Normalized Ratio (INR)

A measure used in blood tests to determine the clotting tendency of blood, helping to monitor and adjust the dose of anticoagulants.

Prothrombin Time (PT)

A blood test measure that evaluates how long it takes blood to clot, primarily used to assess blood coagulation pathways.

Creatinine Kinase (CK)

An enzyme found in the heart, brain, skeletal muscle, and other tissues, used as a marker of muscle injury.

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