Your company currently has the following cost structure for a product. The total monthly revenue from sale of the product is $100,000; the total monthly variable costs from production and sale of the product are $80,000; and the total monthly fixed costs for a month from production and sale of the product are $30,000. Currently, your company has a monthly net loss of $10,000 on the product.
What is the monthly breakeven point in revenue for this product?
a. 37,000
b. 125,000
c.150,000
d. 500,000