Ask Question
15 March, 14:00

Mopsun, a garment store, sells customized hoodies at $7 per unit. the total fixed costs add up to $8000 per year, and the variable costs add up to $3 per unit. how many hoodies should mopsun sell every year in order to cover all costs?

+3
Answers (1)
  1. 15 March, 16:32
    0
    Because the profit of one hoodie is $4 (7 - 3), we have to divide the total fixed cost by the profit of one hoodie:

    8000/4 = 2000

    Mopsun should sell 200 hoodies to cover all costs.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Mopsun, a garment store, sells customized hoodies at $7 per unit. the total fixed costs add up to $8000 per year, and the variable costs ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers