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Water Systems builds and installs outdoor goldfish ponds for gardens. It has total fixed costs of $835,420. The variable cost for each pond construction is $723. The selling price of each pond is $1,200.
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Mar 22, 2018
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Water Systems builds and installs outdoor goldfish ponds for gardens. It has total fixed costs of $835,420. The variable cost for each pond construction is $723. The selling price of each pond is $1,200. What is the break-even point in number of ponds sold?
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Lanery
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723x + 1,200 = 835,420
723x = 835,420 +1200
723x = 836,620
723x/723 = 836,620/723
x = 1,157
David Poole
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Mar 23, 2018
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Hope this helped!
Emanuele Righetto
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Mar 26, 2018
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