Farris Billiard Supply sells all types of billiard equipment and is considering manufacturing its own...
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Farris Billiard Supply sells all types of billiard equipment and is considering manufacturing its own brand of pool cues. Misty Farris, the production manager, is currently investigating the production of a standard house pool cue that should be very popular. Upon analyzing the costs, Misty determines that the materials and labor cost for each cue is $ and the fixed cost that must be covered is $ per week. With a selling price of $ each, how many pool cues must be sold to break even? What would the total revenue be at this breakeven point?
Farris Billiard Supply sells all types of billiard equipment and is considering manufacturing its own brand of pool cues. Misty Farris, the production manager, is currently investigating the production of a standard house pool cue that should be very popular. Upon analyzing the costs, Misty determines that the materials and labor cost for each cue is $ and the fixed cost that must be covered is $ per week. With a selling price of $ each, how many pool cues must be sold to break even? What would the total revenue be at this breakeven point?
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