Reference no: EM133175097

Question - Elite Sportsware sells football jerseys for $70 each. It costs Elite Sportsware $40 per jersey for materials and labor (this is their variable Cost of Goods Sold). Operating costs are $95,000 each month (this is their fixed operating expenses per month). How many football jerseys does Elite Sportsware need to sell each month to break even? What would be the revenue value for this 6 breakeven value? How many football jerseys does Elite Sportsware need to sell in a month to make $15,000 profit for the month?

Use the Cost Volume Profit method to solve this problem.