A shoe manufacturer produces a pair of shoes at a labor cost of ₱90 a pair and materials cost of ₱80 a pair. The fixed charges of the business are ₱90,000 a month and the variable cost is ₱40 a pair. If the shoes sell for ₱300 a pair, how many pair's must be produced each month by the manufacturer to break-even?

A shoe manufacturer produces a pair of shoes at a labor cost of ₱90 a pair and materials cost of ₱80 a pair. The fixed charges of the business are ₱90,000 a month and the variable cost is ₱40 a pair. If the shoes sell for ₱300 a pair, how many pair's must be produced each month by the manufacturer to break-even?

EBK HEALTH ECONOMICS AND POLICY

7th Edition

ISBN:9781337668279

Author:Henderson

Publisher:Henderson

Chapter4: Economic Evaluation In Health Care

Section: Chapter Questions

Problem 7QAP

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