Determine breakeven production of the firm

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A firm sells two products, one call slingers and the other called widgets. The firm has a fixed cost of $50,000.00 per year. Each slinger costs $4 to produce but can be sold in the market for $9. Each widget costs $11 to product, and has a market price of $20. 5 Slingers are sold for every 7 Widgets. The production facility of the firm can produce any number of widgets and slingers required.

What is the breakeven production of the firm in terms of Widgets and Slingers sold?

 

Reference no: EM1363726

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