3. Andy Mendoza makes handcrafted dolls, which he sells at craft fairs. He is considering mass-producing the dolls to sell in stores. He estimates that the initial investment for plant and equipment will be P25,000, whereas labor, material, packaging, and shipping will be about 10 per doll. If the dolls are sold for P30 each, what sales volume is necessary for Andy to break even?

3. Andy Mendoza makes handcrafted dolls, which he sells at craft fairs. He is considering mass-producing the dolls to sell in stores. He estimates that the initial investment for plant and equipment will be P25,000, whereas labor, material, packaging, and shipping will be about 10 per doll. If the dolls are sold for P30 each, what sales volume is necessary for Andy to break even?

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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