Belle Inc. makes bags and sells them for $38 each. The total revenue at the break-even point

Fantastic news! We've Found the answer you've been seeking!

Question:

Belle Inc. makes bags and sells them for $38 each. The total revenue at the break-even point is $94,012 per month and the contribution margin per bag is $29.

a. What is the break-even volume?

b. What is the fixed costs per month?

Posted Date: Oct 09, 2021 03:07 PM

See More Questions

A company distributes college logo sweatshirts and sells them for $50 each. The total cost function is linear, and the total cost for 100 sweatshirts is $4360, whereas the total cost for 250...
Cost and Revenue A tire company determines that to manufacture a certain type of tire, it costs $8000 to set up the production process. Each tire that is produced costs $22 in material and labor. The...
Mears Production Company makes several products and sells them for an average price of $75. Mears' accountant is considering two different approaches to estimating the firm's total monthly cost...
Although epoxides are always considered to have their oxygen atom as part of a threemembered ring, the prefix epoxy in the IUPAC system of nomenclature can be used to denote a cyclic ether of various...
What is a follow-on fund?
The following information is available for Deutsch Corporation for 2010: Instructions 1. Prepare the 2010 statement of cost of goods manufactured. 2. Prepare the 2010 incomestatement. December 31...
When a dielectric slab completely fills the space between the plates of a parallel-plate capacitor, the magnitude of the bound charge is one-fourth the magnitude of the free charge. (a) What is the...
Dye Trucking raised $150 million in new debt and used this to buy back stock. After the recap, Dyes stock price is $7.50. If Dye had 60 million shares of stock before the recap, how many shares does...
11. An incompressible liquid is kept in a container having a weightless piston with a hole. A capillary tube of inner radius 0.1 mm is dipped vertically into the liquid through the airtight piston...
The Teachers' Retirement System of a midwestern state is selling a bond investment from its portfolio to generate cash to make payments to retirees for the coming year It plans to sell $100 million...
Brian just formed a C corporation. The shareholders of the corporation will be he and his wife Carrie and his father Bob, who put $35,000 of cash into the business. Brian explained to his wife and...
What are the factors that led international trade and global financial flows to rise over recent decades? Do you expect international trade and global financial flows to continue to grow? Why or why...
Is inflation more costly when it is expected, or unexpected?
What can you tell about an aggregate production function if real GDP per worker increases by 10% in response to all of the inputs increasing by 10%? What would you expect to happen if you doubled all...
At your future job, you get an unexpected raise from $50,000 a year to $75,000 a year. How do your consumption and savings change? Provide a rough estimate of your marginal propensity to consume.
The 1990s was a period of rapid economic growth and a robust stock market that yielded an average annual return of 18.6%! a. If you started with $1,000 in stocks at the beginning of the decade, and...
Huntsman Chemical is interested in making and selling a new type of chemical for dicing airplane wings before takeoff. This will be the start of a new portfolio of aircraft maintenance chemicals. a)...
10m solution. If Ka(HA) = 10 then pOH of solution will be [Given : log4=0.6] (A) 6.7 (B) Greater than 6.7 & less than 7.0 (C) Greater 7.0 & less than 7.3 (D) Greater than 7.3
Draw a cash flow diagram of any investment that exhibits both of the following properties: 1. The investment has a 4-year life. 2. The investment has a 10 percent/year internal rate of return.
What is the internal rate of return of the following cash flow diagram? a. 20 percent b. 18.2 percent c. 17.5 percent d. 15 percent $30 $31 0 1 2 3 $30 $15
Quilts R Us (QRU) is considering investing in a new patterning attachment with the cash flow profile shown in the table below. QRU's MARR is 13.5 percent/year. a. What is the internal rate of return...

Belle Inc. makes bags and sells them for $38 each. The total revenue at the break-even point

Question:

Expert Answer:

Solution Selling price f each bag 38 3D Total Reven... View the full answer

Students also viewed these mathematics questions