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What would break-even number of units needed to produced

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Question 1: XYZ Company is contemplating a new product line. The fixed cost is $14,350; unit price is $10; unit variable cost is $7; What would be the break-even number of units needed to be produced? What if the price were increased to $15, what would the profit or loss be ?

  • You must use your financial calculator and show the steps/keys/sequence used to solve this problem or no credit will be given. Your answer must reflect 4 decimal places to the right of the decimal point or no credit will be given.

Reference no: EM132536004

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