Hitech Radio Inc. manufactures one type of radio. The average selling price is $

Question

Hitech Radio Inc. manufactures one type of radio. The average selling price is $116 per radio. The average variable cost amounts to $69 per radio. The company's fixed costs are $27,000 per month.

Do not enter dollar signs or commas in the input boxes.
Round the units to the highest whole number.

a) Calculate the monthly volume sales needed to break-even.
Break-Even Point (Units): Answer

b) Determine the break-even point in sales dollars.
Break-Even Point (Dollars): $Answer

c) If the company's current monthly sales amount is $143,000, what is the margin of safety in dollars and in units?
Margin of safety ($): $Answer
Margin of safety (units): Answer

Explanation / Answer

a.$574.468

b.$66,650

c.$76,350

448 units

Related Questions

Navigate

• Browse (All)
• Browse H
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.