Make handmade and hand-painted tables

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Reference no: EM13990574

Laura and Tyler make handmade and hand-painted tables. Their fixed costs for equipment and workspace are $70 per week. The variable cost per table in wood, paint, and other materials is $36. They believe they can sell the tables for $45 each.

What is the break-even point for how many tables they must sell per month? How much profit do they make in a month if they sell 12 tables?

What is their new monthly breakeven point if they improve their workmanship so they can sell the tables for $99 each? What should they make if they sold 12 tables in a month now?

Reference no: EM13990574

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