What is the breakeven point

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Reference no: EM133277668

Assignment:

1. Compute the utilisation and efficiency rates for the following scenario:

Mrs. Owens owns 1000 taxi cabs in her taxi company in Barbados. However, 200 cabs have been scheduled to go into servicing/maintenance this week, and due to a major storm (last night) 10 cabs were badly damaged.

2. A manufacturer makes chairs for a local market. The total facility rental costs are $3000 per month, and the variable costs are $10 per chair. Each chair is sold at a price of $30 to retailers.

a. What is the breakeven point?

b. What will be the profit if 2000 chairs are sold in a month?

c. What is the total cost to the manufacturer if 1500 chairs are manufactured in a month?

d. How many chairs were made if the total cost for the manufacturer were $4000 per month?

Reference no: EM133277668

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