Order to break even while meeting the profit target

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Reference no: EM132006135

Triumph Trucks makes and sells small and medium pickup trucks. The company has designed a new fuel-efficient mini-truck. The mini-truck would sell for $20,263 each. Variable costs associated with the mini-truck would be $17,484 each. Factory space and set-up would involve fixed costs of $4,589,960. Triumph Trucks will not launch this new venture unless the company is assured of a total profit of at least $1,594,060. How many of the new mini-trucks must Triumph Trucks sell in order to break even while meeting the profit target? (Rounding: tenth of a unit.)

Reference no: EM132006135

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Order to break even while meeting the profit target : How many of the new mini-trucks must Triumph Trucks sell in order to break even while meeting the profit target?

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