5. A manufacturer produces a pair of socks at a labor cost at Php 4.50 and materials cost of Php. 3.50. The fixed charge
Posted: Thu Apr 28, 2022 3:33 pm
5. A manufacturer produces a pair of socks at a labor cost at Php 4.50 and materials cost of Php. 3.50. The fixed charges on the business are Php. 1,525 a month and the variable costs are Php. 2.50 a pair. If the socks sell to retailers for Php. 35.00 a pair, how many pairs must be produced and sold each month for the manufacturer to break-even?