Solution-What is the number of units that must be sold to

What is the number of units that must be sold to break even

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Question - Q1. Nigel Clough is a manager at Nottingham Forest Ltd. He uses the high-low method to estimate electricity cost, which varies in relation to machine hours. Based on the following data, how would the cost function be stated if X is the number of machine hours?

Month	Electricity Expense	Machine Hours
Jun	$495	410
Jul	$500	400
Aug	$750	900
Sep	$610	500

Q2. If the contribution margin is $10, the selling price per unit is $25 and the fixed costs are $45 000, what is the number of units that must be sold to break even?

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What is the number of units that must be sold to break even

Reference no: EM133086029

Reference no: EM133086029

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