Question

Mauro products distributes a single product, a woven basket whose selling price is $29 and whose variable expense is $24.36 per unit. the companys monthly fixed expense is $10,208.

Answer 1

Let us just say that you were able to sell 1,000 units. You will be having your sales amounting to $29,000 less your variable expenses amounting to $24360 less your fixed expenses giving you $10,208, giving you net loss of $5,568