Wheels N Cogs is a small business that designs gear for a variety clients including those that produce lawnmower equipment According to the financial profie, the company spends $960k each on rent and utites. One of the reasons why the company is so successful is that it can produce gear at a relatively low price ($1.72/gear) and can sell them for $9.34. Based on the information conceming this company, how many gears would Wheels N Cogs need to produce for them to break even? Oa 50,000 per year Ob 125,000 per year Oc 100,000 per year 1975.000 per year

Wheels N Cogs is a small business that designs gear for a variety clients including those that produce lawnmower equipment According to the financial profie, the company spends $960k each on rent and utites. One of the reasons why the company is so successful is that it can produce gear at a relatively low price ($1.72/gear) and can sell them for $9.34. Based on the information conceming this company, how many gears would Wheels N Cogs need to produce for them to break even? Oa 50,000 per year Ob 125,000 per year Oc 100,000 per year 1975.000 per year

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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