12. Vintage Wines has fixed costs of $20,000 per year. Its warehouse sells wine with variable costs of $80,000. How much in sales does Vintage need to break even per year? a. $16,000 b. $4,000 c. $25,000 d. $100,000

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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12. Vintage Wines has fixed costs of $20,000 per year. Its warehouse sells wine with variable costs of $80,000.
How much in sales does Vintage need to break even per year? a. $16,000 b. $4,000 c. $25,000 d. $100,000
Transcribed Image Text:12. Vintage Wines has fixed costs of $20,000 per year. Its warehouse sells wine with variable costs of $80,000. How much in sales does Vintage need to break even per year? a. $16,000 b. $4,000 c. $25,000 d. $100,000
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