Question:
Calculating breakeven point for two products
Speedy's Scooters plans to sell a standard scooter for $55 and a chrome scooter for $70. Speedy's purchases the standard scooter for $30 and the chrome scooter for $40. Speedy expects to sell one standard scooter for every three chrome scooters. His monthly fixed costs are $23,000.
Requirements
1. How many of each type of scooter must Speedy's Scooters sell each month to break even?
2. To earn $25,300?