A startup company has $500,000 in operating expenses every month. It is introducing its first product, which costs $115 to produce. This product will sell to distributors for $245 per unit. Its tax rate is 40%. How many units must the company sell every month to cover its costs (breakeven)?
| Variable | Enter |
|---|
| Clear | |
| Fixed Cost | 500,000 |
| Var Cost | 115 |
| Price | 245 |
| Tax Rate% | 40 |
| Profit | 0 |
Compute Quantity by scrolling to its variable and choosing Calculate from the menu.
The company needs to sell 3,847 units per month.
