Laurel Nelson owns a beauty salon. Laurels fixed costs are $15,000 per month. The average variable cost
Question:
Laurel Nelson owns a beauty salon. Laurel’s fixed costs are $15,000 per month. The average variable cost for the beauty supplies she sells is $10 per unit. The average selling price of a product that the salon sells is $15 per unit (all in U.S. dollars). What is the breakeven sales volume?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
Breakeve...View the full answer
Answered By
Robert Mbae
I have been a professional custom essay writer for the last three years. Over that period of time, I have come to learn the value of focusing on the needs of the clients above everything else. With this knowledge, I have worked hard to become an acclaimed writer that can be trusted by the customers to handle the most important custom essays. I have the necessary educational background to handle projects up to the Ph.D. level. Among the types of projects that I've done, I can handle everything within Dissertations, Project Proposals, Research Papers, Term Papers, Essays, Annotated Bibliographies, and Literature Reviews, among others.
Concerning academic integrity, I assure you that you will receive my full and undivided attention through to the completion of every essay writing task. Additionally, I am able and willing to produce 100% custom writings with a guarantee of 0% plagiarism. With my substantial experience, I am conversant with all citation styles ranging from APA, MLA, Harvard, Chicago-Turabian, and their corresponding formatting. With all this in mind, I take it as my obligation to read and understand your instructions, which reflect on the quality of work that I deliver. In my paper writing services, I give value to every single essay order. Besides, whenever I agree to do your order, it means that I have read and reread your instructions and ensured that I have understood and interpreted them accordingly.
Communication is an essential part of a healthy working relationship. Therefore, I ensure that I provide the client with drafts way long before the deadline so that the customer can review the paper and comment. Upon completion of the paper writing service, the client has the time and right to review it and request any adjustments before releasing the payment.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Operations Management Managing Global Supply Chains
ISBN: 978-1506302935
1st edition
Authors: Ray R. Venkataraman, Jeffrey K. Pinto
Question Posted:
Students also viewed these Business questions
-
Refer to problem 13. Suppose Laurel plans to expand her business. The new fixed cost would be $20,000. The average variable cost reduces to $9 per unit and sales price remains at $15 per unit. 1....
-
Multiple-Choice Questions 1. A business owner makes 1,000 items a day. Each day he or she contributes eight hours to produce those items. If hired, elsewhere he or she could have earned $250 an hour....
-
George's T-Shirt Shop produces 5,000 custom printed T-shirts per month. George's fixed costs are $15,000 per month. The marginal cost per T-shirt is a constant $4. What is his breakeven price? What...
-
The condensed balance sheet and income statement data for Cardinal Corporation are presented below. Additional information: 1. The market price of Cardinal common stock was $5.00, $3.50, and $2.30...
-
Body Image, Inc., produces two basic types of weight-lifting equipment, Model 9 and Model 14. Pertinent data are as follows: The weight-lifting craze suggests that Body Image can sell enough of...
-
Two identical cylindrical vessels with their bases at the same level each contain a liquid of density 1.30 x 103 kg/m3. The area of each base is 4.00 cm2, but in one vessel the liquid height is...
-
Stakeholders views. Broken Hill Proprietary Co. Ltd (BHP). BHP is an Australian-based global mineral resources company. A tailings dam constructed at the Ok Tedi copper and gold mine in Papua New...
-
Lydia Hartley, manager of UltraProducts New Zealand Division, is trying to set the production schedule for the last quarter of the year. The New Zealand Division had planned to sell 100,000 units...
-
Determine the equation of the piecewise function given on the f(x) r(x) XA = s(x) BxC t(x) D
-
A motor supplies a moment M to the pulley of radius R1. A belt connects this pulley to pulley A. Pulleys A and B form a rigid body with a common hub. Ignore the inertias of the three pulleys....
-
The production process at ABC Manufacturing is as shown in the following figure: A product in this production process needs to go through only one of the painting operations: 1. Which one of the...
-
XYZ Manufacturing has computed for the current month the following effective capacities and efficiencies for three of its departments. What is the expected production next month for each of the three...
-
Which of the following is true about state and local income tax? a. Pre-tax deduction rules for federal income tax are generally the same for state and local income taxes. b. Nine states do not have...
-
Explain how both the supply of physicians and physicians fees can increase at the same time.
-
Why have expenditures on medical care risen more rapidly than expenditures on any other goods and services?
-
What is Social Security? What is Medicare? What is the economic role of these government programs?
-
Consider the regression \(Y_{i}=\beta_{0}+\beta_{1} X_{i}+u_{i}\), where \(Y_{i}\) denotes a worker's average hourly earnings (measured in dollars) and \(X_{i}\) is a binary (or indicator) variable...
-
Why are environmental problems often said to be simply a problem of common ownership?
-
What is the maximum IRA contribution that Mr. Janson can make under each of the following assumptions? a. He is age 20 and single. His only income item is $13,200 interest from a trust fund. b. He is...
-
d) For die casting processes: 1. What are the most common metals processed using die casting and discuss why other metals are not commonly die casted? 2. Which die casting machines usually have a...
-
The senior management at Canine Kernels Company (CKC) is concerned with the existing capacity limitation, so they want to accept the mix of orders that maximizes the companys profits. Traditionally,...
-
The senior management at Canine Kernels Company (CKC) is concerned with the existing capacity limitation, so they want to accept the mix of orders that maximizes the companys profits. Traditionally,...
-
Johnson Cogs wants to set tip a line to serve 60 customers per hour. The work elements and their precedence relationships are shown in the following table. a. What is the theoretical minimum number...
-
Using the right-hand rule, in which direction will the magnetic force act on a positively charged particle that is moving to the left and experiencing a magnetic field straight ahead? a. Using the...
-
4 The manager of the Fleet division of Potlatch Automotive is evaluated on her division's return on investment and residual income. The company requires that all divisions generate a minimum return...
-
At the end of January of the current year, the records of Donner Company showed the following for a particular item that sold at $16 per unit: Transactions Units Amount Inventory, January 1 Purchase,...
Study smarter with the SolutionInn App