In: Finance
You are going to open a business making custom cabinets. You can sell each cabinet for $80, It takes a cabinetmaker approximately 45 minutes to make one cabinet. Each cabinetmaker works an 8-hour day earning $18 per hour. Each cabinet uses $25 in raw materials. You usually produce cabinets 20 days a month and can employ two cabinetmakers. You estimate that your fixed costs are $5,000 per month.
Construct a break-even chart for the custom cabinet firm. (with explanation please so I can understand how to reproduce it, thank you)