Engineering Economics
A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even?

2.59
2890
2712
2632

ANSWER DOWNLOAD EXAMIANS APP

Engineering Economics
The financial analysis:

Helps a share holder to compare the expected return on his investment in the firm against the expected return from other alternative investment
Helps to judge the success of the firm's financial plans
Helps a bank to know the financial position of the firm for granting a loan to the firm
All of these

ANSWER DOWNLOAD EXAMIANS APP