The Hardheaded Lids company plan to produce motorcycle helmets. The annual fixed cost for the production process is expected to be $185,000. The variable cost per helmet is expected to be $76. The company expects to sell the helmets for $99 each.
- How many helmets must be sold each year to break even?
- How much annual revenue is required to break even?
- If 15,000 helmets are sold in one year, how much profit will be earned?
- If annual sales are expected to be 15,000 helmets, what would the selling price need to be in order to earn a profit of $300,000?