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) 5500 toy trucks
C) 20,000 toy trucks
D) 1,879 toy trucks
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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