6. Assume that the following data has been determined for the development and sale of a new digital thermometer for home use: development cost = $250,000, production investment = $500,000, annual production volume = 20,000 units per year, and the sales lifetime is 7 years. Assuming a variable production cost of $5 per unit, determine: (a) the sales price necessary to break even within 2 years, and (b) the profit expected over the estimated sales lifetime. [A]
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.