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You are going to open a business making custom cabinets You can sell to minutes for $80 It takes a cabinetmakers approximately 45 minutes to make one cabinet Each cabinetmaker works an 8hour day

You are going to open a business making custom cabinets You can sell to minutes for $80. It takes a cabinetmakers approximately 45 minutes to make one cabinet. Each cabinetmaker works an 8-hour day earning $18 per cabinets per hour Each cabinet uses $25 in raw You usually produce cabinets 20 days a month and can employ two cabinetmakers. you estimate that your fixed costs are $5,000 per month. What is your contribution margin? How many cabinets must you make each month to break even What is your total monthly revenue if you want to earn a $82,000 profit?
 

Apr 05 2020 View more View Less

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