Total cost-total revenue-profit and annual break-even volume, Basic Statistics

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Total cost-total revenue-profit and annual break-even volume

The Rolling Creek Textile Mill manufactures denim. The fixed monthly cost is $21,000, and variable cost per yard of denim is $0.45. The mill sells the yard of denim for $1.30.

a. For the monthly volume of 18,000 yards of denim, find out the total cost, total revenue, and profit.

b. Find out the annual break-even volume for Rolling Creek Textile Mill.

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Basic Statistics: Total cost-total revenue-profit and annual break-even volume

Reference No:- TGS022222

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Basic Statistics: Total cost-total revenue-profit and annual break-even volume

Reference No:- TGS022222

Have a Question? (oR Write a Review)

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Ask an Expert for Answer!!

Basic Statistics: Total cost-total revenue-profit and annual break-even volume

Reference No:- TGS022222

Recent Questions Asked Basic Statistics

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