1. Other
  2. Other
  3. a shoe company will make a new type of shoe...

Question: a shoe company will make a new type of shoe...

Question details

A shoe company will make a new type of shoe. The fixed cost for the production will be $24,000. The variable cost will be $35 per pair of shoes. The shoes will sell for $105 for each pair. How many pairs of shoes will have to be sold for the company to break even on this new line of shoes?

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution