Business Starting Grants - You are going to open a business selling customer cabinets. You can sell each cabinet for $80. It takes a cabi

You are going to open a business selling customer cabinets. You can sell each cabinet for $80. It takes a cabi

You are going to open a business selling customer cabinets. You can sell each cabinet for $80. It takes a cabinet make about 45 minutes per cabinet. Each cabinet maker works 8 hours a day, earning $18/hr. Each cabinet uses $25.00 in raw materials.You normally produce cabinets 20 days in a month. You estimate that your fixed costs are $5,000 per month. What is your contribution margin? How many cabinets must you make each month to break even? What is your total monthly revenue if you want to profit $2,000? Construct a break even chart for the custom cabinet firm? Yes, this is a homework question... it is actually a practice problem...please help. It is for a business finance class, not math...

Public Comments

Sounds like a homework question to me... do the math kiddo!!!!
is this question for homework..like math homework? just wondering
wow what an excellent math question. My story problems look like this: This month has 30 days, however you only have 19 day of paycheck. Solve for car payment. Extra credit if you avoid the late charge.
Your next class should be bankruptcy.