question archive Question 1 The Poseidon Swim Company produces swim trunks
Question 1 The Poseidon Swim Company produces swim trunks
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Question 1
The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $48.13. The variable cost per unit is $24.79, Poseidon Swim has average fixed costs per year of $31,552.
What is the break-even point in units for Poseidon Swim?
Round the answer to the whole number.
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break-even units = fixed costs/selling price - variable costs
=31,552/48.13-24.79
=1352 units
