Last year, a battery manufacturing company in Toronto incurred a loss of $713,000.00 by producing and selling 36,000 batteries. If their total revenue for the year was $15,300,000.00 and the break-even volume of the plant is 55,400 batteries, calculate:

a. The selling price of each battery

Round to the nearest cent

b. The variable costs for each battery

Round to the nearest cent c. The fixed costs for the period
$

Round to the nearest cent use python

Here are the calculations:

a. The selling price of each battery is **$425.00**.

b. The variable costs for each battery are **$235.58**.

c. The fixed costs for the period are **$7,532,000.00**.

Would you like more details or have any questions about these calculations?

Here are some related questions:

1. How is the break-even point calculated in general?
2. What are the implications of having high fixed costs in a business?
3. How can a company reduce its variable costs?
4. What is the difference between fixed and variable costs?
5. How does the break-even volume affect business decisions?
6. How would an increase in selling price impact the break-even point?
7. What strategies can be employed to achieve profitability in such a scenario?
8. How does the concept of contribution margin relate to these calculations?

**Tip:** Understanding fixed and variable costs is crucial for pricing strategies and profitability analysis in any business.

Learn how to calculate the selling price of each battery, variable costs per battery, and fixed costs for a battery manufacturing company in Toronto. This problem involves cost accounting and break-even analysis with specific financial data.

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