How many widgets must be sold each month in order to break even?

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How many widgets must be sold each month in order to break even?
  • How many widgets must be sold each month in order to break even?

  • Answers • 2 pages • 2019
  • Woody’s widget shop has the following information: The average widget has a sales price of $18; raw materials for the widget are $4; it takes 30 minutes to assemble one widget; and production labor is paid $8 per hour. Operating expenses are as follow: salaries, $2,500 per week; insurance, $1,200 per quarter; rent, $3,000 per month; and utilities, $1,000 per month. a. How many widgets must be sold each month in order to break even? b. How many dollars in sales does this represent? c. what i...
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