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
$0.00

Round to the nearest cent use python 

Here are the calculated values:

a. **Selling Price per Battery**: \$425.00

b. **Variable Costs per Battery**: \$289.04 (rounded to the nearest cent)

c. **Fixed Costs for the Period**: \$0.00

Would you like more details or have any questions?

Here are some related questions for further exploration:

1. How would a change in fixed costs affect the break-even volume?
2. What would happen to the loss if the company sold more batteries at the same price?
3. How does the selling price compare to the variable costs?
4. What is the margin per battery before considering fixed costs?
5. If the company reduced the variable costs, how would that impact the overall profit?
6. How many batteries need to be sold to reduce the loss to zero?
7. What strategies could the company implement to reach the break-even point?
8. How sensitive is the break-even volume to changes in the selling price?

**Tip**: Understanding the relationship between fixed costs, variable costs, and selling price can help in making strategic business decisions to maximize profitability.

Learn how to calculate the selling price, variable costs, and fixed costs for a battery manufacturing company based on given revenue, losses, and production volumes. Understand the concepts of break-even analysis and cost accounting in business.

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