1. A toy company, Toy Master Sdn Bhd, produces a limited edition playing card. The monthly fixed...
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Question:
- 1. A toy company, Toy Master Sdn Bhd, produces a limited edition playing card. The monthly fixed cost is RM21,000.00 and the variable cost per card unit is RM0.45. The company sells the card for RM1.30 per unit. Based on the above information, answer the following questions:
- For a monthly volume of 18,000 units of playing cards, determine:
- Total cost
- Total revenue
- Total benefit.
- Determine the firm's annual equilibrium volume.
- 2. A local softball club opens their driving range for a special rental package to any local school for their golf club activity. The cost of the package during the 10 week period is RM1700. The club would also charge RM7 for the admission fee, equipment and balls per student. It is also estimated that an additional cost of RM5 per student is needed to hire multiple trainers.
- If a school plans to charge RM75 per student for the 10-week training class:
- Questions
- How many students does the school need to enrol in its softball coaching class to break even?
- If the school wants to make a profit of RM5000 for the entire 10 week period, how many students are needed to enrol in the training class?
- If the school estimates that they could only enrol 60 students, how much would the school need to charge per student to reach the profit target of RM5000?
Related Book For
Management Accounting Information For Decision Making
ISBN: 9781618533517
7th Edition
Authors: Anthony A. Atkinson
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