What would the profit (loss) be if 1,000 pies are made and sold in a month?
Break-even Point and Profit Analysis The owner of Old-Fashioned Berry Pies, S. Simon, is contemplating adding a new line of pies, which will require leasing new equipment for a monthly payment of $6,000. Variable costs would be $2 per pie, and pies would retail for $7 each. a. How many pies must be sold in […]