A toy manufacturing company makes a doll that sells for $12. It costs $5 in labor to make each doll. The total cost for the material is $420. How many dolls must they sell to break even?
1 Answer
Nov 13, 2017
60 dolls for break-even point...
Explanation:
1 doll sells for $12.00.
per doll: $5.00 labour costs.
Break-even means no profit, so $12.00 - $5.00 = $7.00 for the material.
Material costs: $420.00, per doll $7.00, so
