A division of a company produces income tax apps for smartphones. Each income tax app sells for $6. The monthly fixed costs incurred by the division are $30,000, and the variable cost of producing each income tax app is $1.
(a) Find the break-even point for the division.
(x, y) =
Correct: Your answer is correct.
(b) What should be the level of sales in order for the division to realize a 15% profit over the cost of making the income tax apps? (Round your answer up to the nearest whole number.)
Incorrect: Your answer is incorrect.
income tax apps