Break even point-hamburger

Assignment Help Basic Statistics

Reference no: EM1393915

Hamburger Joe's sells the best burgers in town. The variable unit cost for making one burger is $.97. The fixed cost of making burgers for 12 months will be a total of: $140,000. Remember, fixed costs cover things like your rent, your phone bill, and insurance coverage - these items tend not to vary in amount per month over the term of one year.

If you charge $1.99 for your burger, how many burgers will you have to sell before you make back your total cost?

Reference no: EM1393915

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