Asked by Armani
Can someone help me with this Math problem?
A Company plans to market a new model of house. Based on its
market studies, the company estimates that it can sell up to 3,500 units in 2019.
The selling price will be $2,000,000/unit. Variable costs are estimated to
be 40% of total revenue and fixed costs are estimated to be $16,000,000 for 2019.
Determine if the company can sell enough units to break even?
A Company plans to market a new model of house. Based on its
market studies, the company estimates that it can sell up to 3,500 units in 2019.
The selling price will be $2,000,000/unit. Variable costs are estimated to
be 40% of total revenue and fixed costs are estimated to be $16,000,000 for 2019.
Determine if the company can sell enough units to break even?
Answers
Answered by
R_scott
for break even ... u * (1 - .40) * 2000000 = (u * .40 * 2000000) + 16000000
u * .20 * 2000000 = 16000000
u * .20 * 2000000 = 16000000
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.