Business, 31.08.2020 14:01, ayoismeisalex

A producer of felt-tip pens has received a forecast of demand of 30,000 pens for the coming month from its marketing department. Fixed costs of $25,000 per month are allocated to the felt-tip operation, and variable costs are 37 cents per pen. a. Find the break-even quantity if pens sell for $1 each. b. At what price must pens be sold to obtain a monthly profit of $15,000, assuming that estimated demand materializes?

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A producer of felt-tip pens has received a forecast of demand of 30,000 pens for the coming month fr...