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BUSN603 Prob Set 1

BUSN603 Prob Set 1

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Author: Dannie Young
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If Gina sells 20 shirts, her total revenue will be _________.
If Gina sells 20 shirts, her total variable cost will be _________.
Based on the above information, Gina must sell __ shirts to break even. (Hint: Please enter a single number only and round it to an integer if necessary. No decimal points.) 
Based on the calculation in the previous question, Gina's total revenue at the breakeven point of output is 750 . (Hint: Please enter a single number only and round it to an integer if necessary. No decimal points.) 
If Mysti sells 20 units at a price of $40 each, her total revenue will be _________.
If Mysti sells 20 cues, her total variable cost will be _________.
Based on the above information, Mysti must sell 160 units to break even. (Hint: Please enter a single number only and round it to an integer if necessary. No decimal points.) 
Based on the calculation in the previous question, Mysti's total revenue at the breakeven point of output is 6400 . (Hint: Please enter a single number only and round it to an integer if necessary. No decimal points.) 


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