<span>For the Oliver Company to break even, the total revenue must equal the sum of the variable costs and the fixed cost. Mathematically, this can be represented as:
Total revenue = 0.4*(Total revenue) + (Fixed Costs)
Let the number of units sold be x. then,
7*x = 0.4*(7*x) + 6300
Thus, x = 6300/(0.6*7) = 1500 units.
Thus the company will have to sell 1500 units to break even.</span>
Answer:
d. 188.4 in
Step-by-step explanation:
i might be wrong so sorry in advance.
Answer:
13.5
Step-by-step explanation:
the relationship is times 1.125
meaning 9 times 1.125 is 8
Thus 12 times 1.125 is 13.5