Multiple Choice
The Truck Toys Company manufactures traditional wooden toy trucks.It has determined its variable cost/unit to be $1.50/truck.Fixed costs, however, are quite high because old equipment is used in the manufacturing process and costly packaging is needed to market the toy trucks.The fixed costs are estimated at $11,000/month.The company sells their toy trucks at a price of $7.75/each.How many toy trucks must be sold annually to break even?
A) 1,760 toy trucks
B) 5,500 toy trucks
C) 21,120 toy trucks
D) 1,879 toy trucks
Correct Answer:
Verified
Correct Answer:
Verified
Q9: In accordance with their government contract, the
Q10: Which of these statements is best?<br>A)P(loss)= P(break-even
Q11: When using the normal distribution to approximate
Q12: break-even analysis answers what common management question?
Q13: In determining the EOL with the normal
Q15: Given the following opportunity loss function, determine
Q16: If the price/unit were doubled at the
Q17: If a variable other than demand is
Q18: The opportunity loss function gives us information
Q19: If the break-even point was estimated to