Ma Bryan sells homemade preserves. The profit relation for the following estimates at a quantity that is 10% above breakeven is closest to:
Fixed cost = $500,000 per year
Cost per 100 units = $200
Revenue per 100 units = $250
(choose one):
(a) Profit = 200(11,000) ? 250(11,000) ? 500,000
(b) Profit = 250(11,000) ? 500,000 ? 200(11,000)
(c) Profit = 250(11,000) ? 200(11,000) + 500,000
(d) Profit = 250(10,000) ? 200(10,000) ? 500,000
Breakeven = 500,000/(250 – 200)
= 10,000
Breakeven + 10% = 10,000(1.10) = 11,000
Profit per 100 units = 250(11,000) - 500,000 - 200(11,000)
Answer is (b) Profit = 250(11,000) ? 500,000 ? 200(11,000)
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