Question: Answer these questions (PLEASE) Cocomelon Umbrellas Ltd has determined that its variable cost per umbrella is $5. Its fixed costs have been established as $210,000.

Answer these questions (PLEASE)

  1. Cocomelon Umbrellas Ltd has determined that its variable cost per umbrella is $5. Its fixed costs have been established as $210,000. The typical sales price is $12. How many umbrellas must be sold for Cocomelon Umbrellas to breakeven?

  1. Suppose Cocomelon Umbrellas can sell 60,000 units at $10 each; 50,000 units at $11; and 40,000 units at $13, which of these sale prices should the company pick? Why?

  1. Cocomelon Umbrellas can purchase a new fabric gluing/sewing machine for $100,000. The new process will reduce variable cost by $1 per unit. Fixed costs will rise to $310,000. Should the company make this purchase? Explain

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

James A. and Ella R. Polk, ages 70 and 65, are retired physicians who live at 13319 Taylorcrest Street, Houston, Texas 77079. Their three adult children (Benjamin Polk, Michael Polk, and Olivia...

Q:

Cocomelon Umbrellas Ltd has determined that its variable cost per umbrella is $5. Its fixed costs have been established as $210,000. The typical sales price is $12. How many umbrellas must be sold...

Q:

1. In recording accounting transactions, evidence that a transaction has taken place is obtained from: a. Source documents. b. The trial balance. c. The ledger. d. The journal. 2. Which of the...

Q:

1. In recording accounting transactions, evidence that a transaction has taken place is obtained from: a. Source documents. b. The trial balance. c. The ledger. d. The journal. 2. Which of the...

Q:

check on the file and download the...

Q:

Assignment: Brief 2: Portal Corporation Purpose To assess your ability to: define and illustrate a cost object distinguish between direct costs and indirect costs explain variable costs and fixed...

Q:

download the file containing...

Q:

1.Which of the following statements is CORRECT? A. Prime costs are those costs that are expensed in the accounting period in which they are incurred. B. Conversion costs include the costs of raw...

Q:

Hello, I have solved this but was wondering if you could solve all questions for me so that I may check my answers Identify the letter of the choice that best completes the statement or answers the...

Q:

7. Harvey Chemicals Pty Ltd manufactures a product called Hartik. Direct materials are added at the beginning of the process and conversion activity occurs uniformly throughout the process. The...

Q:

please solve : - please use the same format when solving the problem. - show on excel - show work - show formulas -explain Thank you! 13:14 Modified use the template below for problem As part of a...

Q:

The following functions are solutions to a real constant coefficient homogeneous scalar ordinary differential equation. (i) Determine the least possible order of the differential equation, and (ii)...

Q:

With reference to Figure 3.9, find expressions for the values of the distribution function of the mixed random variable X for (a) x 0; (b) 0

Q:

Question 2 ( 2 points ) Which statement best describes spousal RRSPS ? They allow for income splitting when the contributor turns 7 1 They are no longer allowed They allow for the annultant spouse to...

Q:

You are planning to retire in 20 years, and your goal is to accumulate a sum of $1 million in your retirement account by then. If you expect to earn 8% per year on average, the how much money must...