The following is given: Price Variable cost Fixed cost $10.00/unit $6.00/unit $52,000 a) Based on the...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The following is given: Price Variable cost Fixed cost $10.00/unit $6.00/unit $52,000 a) Based on the given information, the break-even point in units = 13000 units (enter your response as a whole number). b) Based on the given information, the break-even point in dollars = $ 130000 (round your response to the nearest whole number). c) The profit for a volume of 80,000 units = $ (round your response to the nearest whole number). The following is given: Price Variable cost Fixed cost $10.00/unit $6.00/unit $52,000 a) Based on the given information, the break-even point in units = 13000 units (enter your response as a whole number). b) Based on the given information, the break-even point in dollars = $ 130000 (round your response to the nearest whole number). c) The profit for a volume of 80,000 units = $ (round your response to the nearest whole number).
Expert Answer:
Answer rating: 100% (QA)
Given price P 800 Variable costVC 400 Fixed cost FC 50000 a Br... View the full answer
Related Book For
Posted Date:
Students also viewed these finance questions
-
Assume you have the following situations. Using the time value of money (TVM) concepts (formulas or tables) calculate the correct amount in each situation. a). You have $10,000 to invest, at 5%...
-
How long will it take for $10,000, invested at 5% per year, compounded continuously, to triple in value?
-
How long will it take $5,000 invested at 14% to double?
-
Monterey Co. makes and sells a single product. The current selling price is $15 per unit. Variable expenses are $9 per unit, and fixed expenses total $27,000 per month. Required: (Unless otherwise...
-
For students who graduated from high school in 2013, the ACT math scores are approximately normally distributed with mean 20.9 points and standard deviation 5.3 points. a. If a freshman at Thomas...
-
A 70-lb block attached to a spring of constant k = 9 kips/ft can move without friction in a slot as shown. The block is given an initial 15-in. displacement downward from its equilibrium position and...
-
Name the various elements of a steam condensing plant.
-
Parsons Company acquired 90% of the outstanding common stock of Shea Company on June 30, 2011, for $426,000. On that date, Shea Company had retained earnings in the amount of $60,000, and the fair...
-
You wish to download free software from the internet. The download procedure includes a page titled "download now" that asks you to "please review" the licensing agreement that is available to you on...
-
Benjamin used regression analysis to fit quadratic relations to monthly revenue and cost data with the following results: R = 0.007 Q2 + 32 Q TC = 0.004 Q2 + 2.2 Q + 8 (a) Plot R and TC. Estimate...
-
Survey the prices of a particular product or service in three different locations near you. Explain why the price of the same product or service varies based upon what you have learned from this...
-
Mickley Company's plantwide predetermined overhead rate is $18.00 per direct labor-hour and its direct labor wage rate is $11.00 per hour. The following information pertains to Job A-500: Direct...
-
2. Draw the network and identify the critical path. Also calculate the earliest and latest starting and finishing times for each activity. Activity Preceding Activity Time (Weeks) A B C E F G H I A,...
-
What is the value today of a money machine that will pay $ 2 , 5 5 2 . 0 0 every six months for 1 0 . 0 0 years? Assume the first payment is made six months from today and the interest rate is 1 0 ....
-
The Hat Store had the following series of transactions for Year 2 Date January 1 March 15 May 30 August 10 November 20 Required Transaction Beginning inventory Purchased Sold Purchased Sold...
-
A recent graduate, 25 years old, is starting a career with an engineering firm. She intends to deposit a portion of her annual salary into an investment plan that returns 8% annually. Of the two...
-
Which concept states that only quantitative information can be recorded in books of accounts? Question 4 options: Separate Entity Concept Money Measurement Concept Accrual Concept Going Concern...
-
Bonus shares can be issued out of revenue reserves. True/False?
-
Historically, what rates of return have investors earned on investments in common stocks?
-
If a $1,000 bond with a 9 percent coupon (paid annually) and a maturity date of ten years is selling for $939, what is the current yield and the yield to maturity?
-
a) What is the price of each of the following bonds ($1,000 principal) if the current interest rate is 9 percent? b) What is the duration of each bond? c) Rank the bonds in terms of price...
-
Is an oscillating object in translational equilibrium?
-
How far above Farth's surface must a \(10,000-\mathrm{kg}\) boulder be moved to increase the mass of the Earthboulder system by \(2.50 \mathrm{mg}\) ? Assume the same ratio of energy change to mass...
-
Show that for small displacements the restoring force exerted on part 2 of the displaced string in Figure 15.14 is linearly proportional to the displacement of that part from its equilibrium...
Study smarter with the SolutionInn App