The Michael Berry Manufacturing Company, (MBM), sells several products. Information regarding one of the products...
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Accounting
The Michael Berry Manufacturing Company, (MBM), sells several products. Information regarding one of the products sold as to revenue and costs is as follows:
Selling price per unit $27.00
Variable costs per unit:
Direct material $10.00
Direct manufacturing labour $2.20
Manufacturing overhead. $1.10
Selling costs. $4.00
Annual fixed costs$ 96,500
If MBM sold only the product described here, what is the number of units that MBM must sell each year to break even?
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