Multiple Choice
Ampro-Mag is a small company that makes materials for safely controlling hazardous spills of all kinds.It sells these items as a neutralizing kit priced at $120.The costs of the materials that go into each kit are $45.It costs $5 in labour to assemble a kit.The company has monthly expenses of $1,000 for rent and insurance,$200 for heat and electricity,$500 for advertising in trade journals,and $3,500 for the monthly salary of its owner.What is Ampro-Mag's monthly break-even point in terms of number of neutralizing kits sold?
A) 47 neutralizing kits
B) 68 neutralizing kits
C) 75 neutralizing kits
D) 104 neutralizing kits
Correct Answer:
Verified
Correct Answer:
Verified
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