A manufacturing company has to produce and sell 226 items every month to break even. The company's fixed costs are $2,275.50 per month and variable costs are $10.00 per item.

a. What is the total revenue at the break-even point?

$0.00

Round to the nearest cent

b. What is the selling price per item?

$0.00

Round to the nearest cent Use python

a. The total revenue at the break-even point is **$4,535.50**.

b. The selling price per item is **$20.07** (rounded to the nearest cent).

Would you like more details or have any questions?

Here are some related questions you might find useful:
1. How would the break-even point change if fixed costs increased?
2. What would happen to the selling price if variable costs increased?
3. How is the break-even quantity affected by changes in the selling price?
4. What is the formula for calculating the break-even point?
5. How does fixed cost influence the pricing strategy?
6. Can the company reduce the break-even point by lowering variable costs?
7. What is the contribution margin per item in this scenario?
8. How does selling more than the break-even quantity affect profits?

**Tip:** Understanding the break-even analysis can help in setting appropriate pricing strategies and determining how changes in costs affect profitability.

Understand how to calculate total revenue and selling price per item using break-even analysis. Get insights into fixed costs, variable costs, and the break-even point formula. Perfect for professionals looking to optimize pricing strategies.

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